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ABC Inc. is considering a project that will have annual sales of $36,750 and costs, including depreciation, of $21,500. Taxes will be $3,800 and the

ABC Inc. is considering a project that will have annual sales of $36,750 and costs, including depreciation, of $21,500. Taxes will be $3,800 and the depreciation expense will be $2,125. An initial investment cash outlay of $1,750 is required for net working capital. What is the project's operating cash flow?

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