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A proposed new project has projected sales of $164,000, costs of $87,000, and depreciation of $15,200. The tax rate is 35 percent. Calculate operating cash

A proposed new project has projected sales of $164,000, costs of $87,000, and depreciation of $15,200. The tax rate is 35 percent. Calculate operating cash flow using the four different approaches. What is the depreciation tax shield?

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