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Bennett Company has a potential new project that is expected to generate annual revenues of $ 2 5 2 , 2 0 0 , with

Bennett Company has a potential new project that is expected to generate annual revenues of $252,200, with variable costs of $139,600, and fixed costs of $58,000. To finance the new project, the company will need to issue new debt that will have an annual interest expense of $19,000. The annual depreciation is $23,000 and the tax rate is 21 percent. What is the annual operating cash flow?
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$120,650
$77,600
$170,612
$47,964
$43,650

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