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Bennett Company has a potential new project that is expected to generate annual revenues of $245,900, with variable costs of $136,800, and fixed costs of

Bennett Company has a potential new project that is expected to generate annual revenues of $245,900, with variable costs of $136,800, and fixed costs of $55,900. To finance the new project, the company will need to issue new debt that will have an annual interest expense of $15,500. The annual depreciation is $21,600 and the tax rate is 21 percent. What is the annual operating cash flow?

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