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A proposed expansion project is expected to increase sales of JL Ticker's Store by $58,000 and increase cash expenses by $34,000. The project will cost

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A proposed expansion project is expected to increase sales of JL Ticker's Store by $58,000 and increase cash expenses by $34,000. The project will cost $24,600 and be depreciated using straight- line depreciation to a zero book value over the 4-year life of the project. The store has a marginal tax rate of 30 percent. What is the operating cash flow of the project using the tax shield approach? $22,850 O $19.140 $18,250 $18,648

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