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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 40 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 40 percent? Multiple Choice $34,380 $22,920 $30,680 $26,620 O $23.280

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