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ABC Company has a proposed project that will generate sales of 395 units annually at a selling price of $190 each. The fixed costs are

ABC Company has a proposed project that will generate sales of 395 units annually at a selling price of $190 each. The fixed costs are $5255 and the variable costs per unit are $70. The project requires $24962 of equipment that will be depreciated on a straight-line basis to a zero book value over the 11-year life of the project. That is, depreciation each year is $24962/11. The tax rate is 31 percent. What is the operating cash flow?

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