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A project is expected to generate annual revenues of $296,158. Cash operating costs are equal to 32% of revenues. Depreciation is $36,825 per year. The

A project is expected to generate annual revenues of $296,158. Cash operating costs are equal to 32% of revenues. Depreciation is $36,825 per year. The tax rate is 25%. What is the operating cash flows each year for this project. Include your answer to the nearest dollar.

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