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Bennett Company has a potential new project that is expected to generate annual revenues of $ 2 6 7 , 5 0 0 , with

Bennett Company has a potential new project that is expected to generate annual revenues of $267,500, with variable costs of $146,400, and fixed costs of $63,100. To finance the new project, the company will need to issue new debt that will have an annual interest expense of $27,500. The annual depreciation is $26,400 and the tax rate is 21 percent. What is the annual operating cash flow?

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