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A proposed project is expected to have annual sales of $439,000 and annual net income of $26,340. The annual depreciation expense is expected to be
A proposed project is expected to have annual sales of $439,000 and annual net income of $26,340. The annual depreciation expense is expected to be $32,000. There is no interest expense. What is the annual operating cash flow?
$52,616
$54,980
$58,340
$114,340
$49,384
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