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A project is expected to generate annual revenues of $132,900, with variable costs of $80,500, and fixed costs of $21,000. The annual depreciation is $4,800

A project is expected to generate annual revenues of $132,900, with variable costs of $80,500, and fixed costs of $21,000. The annual depreciation is $4,800 and the tax rate is 40 percent. What is the annual operating cash flow?

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