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A project is expected to generate annual revenues of $133,700, with variable costs of $80,800, and fixed costs of $21,300. The annual depreciation is $4,850

A project is expected to generate annual revenues of $133,700, with variable costs of $80,800, and fixed costs of $21,300. The annual depreciation is $4,850 and the tax rate is 25 percent. 

What is the annual operating cash flow?


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