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A project will reduce costs by $38,800 but increase depreciation by $18,500. What is the operating cash flow if the tax rate is 21 percent?

A project will reduce costs by $38,800 but increase depreciation by $18,500. What is the operating cash flow if the tax rate is 21 percent?

Multiple Choice

$34,537

$34,380

$23,280

$26,620

$22,920

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