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A proposed new project has projected sales of $116,000, costs of $50,000, and depreciation of $11,900. The tax rate is 30 percent. Calculate operating cash

A proposed new project has projected sales of $116,000, costs of $50,000, and depreciation of $11,900. The tax rate is 30 percent. Calculate operating cash flow using the four different approaches.(Do not round intermediate calculations.)

Approaches Operating cash flow

EBIT + Depreciation - Taxes $

Top-down $

Tax-shield $

Bottom-up $

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