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A project will require $543,000 for fixed assets, S118,000 for inventory, and $142,000 for accounts receivable. Short-term debt is expected to increase by $65,000 The

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A project will require $543,000 for fixed assets, S118,000 for inventory, and $142,000 for accounts receivable. Short-term debt is expected to increase by $65,000 The project has a six-year life. The fixed assets will be depreciated straight line to a zero book value over the life of the project Nopomus depreciation will be taken. The project is expected to generate annual sales of $905,000 with costs of S730,000. What is the project's operating cash flow at Time 1? The tax rate is 24 percent

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