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As a member of Midwest Corporation's financial staff, you must estimate the Year 1 operating cash flow for a proposed project with the following data.

As a member of Midwest Corporation's financial staff, you must estimate the Year 1 operating cash flow for a proposed project with the following data. What is the Year 1 operating cash flow?

Sales Revenues, each year $35,000

Depreciation $10,000

Other operating costs $17,000

Interest Expense $4,000

Tax Rate $35.0%

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