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A project will generate sales of $42,303 each. The variable costs are $10,061 and the fixed costs are $17,806. The project will use an equipment
A project will generate sales of $42,303 each. The variable costs are $10,061 and the fixed costs are $17,806. The project will use an equipment worth $124,933 that will be depreciated on a straight-line basis to a zero book value over a 17-year life of the project. If the tax rate is 25%, what is the operating cash flow?
Note: Enter your answer rounded off to two decimal points.
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