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

As a member of UA Corporation's financial staff, you must estimate the Year 1 cash

flow for a proposed project with the following data.

What is the Year 1 cash flow?

Sales revenues, each year

$45,500

Depreciation

$5,000

Other operating costs

$20,000

Interest expense

$4,000

Tax rate

35.0%

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