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A proposed new project has projected sales of $174,000, costs of $88,500, and depreciation of $24,500. The tax rate is 23 percent. Calculate operating cash

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A proposed new project has projected sales of $174,000, costs of $88,500, and depreciation of $24,500. The tax rate is 23 percent. Calculate operating cash flow using the four different approaches. (Do not round intermediate calculations.) Operating cash flow EBIT + Depreciation - Taxes Top-down Tax-shield Bottom-up

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