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A project is expected to generate annual revenues of $116,900, with variable costs of $74,500, and fixed costs of $15,000. The annual depreciation is $3,800

A project is expected to generate annual revenues of $116,900, with variable costs of $74,500, and fixed costs of $15,000. The annual depreciation is $3,800 and the tax rate is 34 percent. What is the annual operating cash flow?

Multiple Choice

  • $58,692
  • $43,692
  • $19,376
  • $27,400
  • $31,200

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