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Bellingham Bay Co . is assessing a new project, which will call for purchasing certain equipment at a cost of $ 1 5 , 0

Bellingham Bay Co. is assessing a new project, which will call for purchasing certain equipment at a cost of $15,000. The equipment is to be depreciated under a straight-line approach over a period of 10 years. The underlying project is expected to generate new sales of $60,000 annually with an associated production cost of $35,000 annually. Please help the firm estimate its annual operating cash flow from this project, assuming an applicable tax rate of 10%.
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