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ABC, Inc. is considering the purchase of new equipment. The annual sales are expected to be $785,985, the annual variable costs are expected to be
ABC, Inc. is considering the purchase of new equipment. The annual sales are expected to be $785,985, the annual variable costs are expected to be $88,660, the annual fixed costs are expected to be $59,395, the annual depreciation expenses are expected to be $117,663. Assuming a tax rate of 35.1%, what is the operating cash flow?
Enter your answer rounded off to two decimal points.
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