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Bennett Company has a potential new project that is expected to generate annual revenues of $ 2 6 0 , 3 0 0 , with

Bennett Company has a potential new project that is expected to generate annual revenues of $260,300, with variable costs of $143,200, and fixed costs of $60,700. To finance the new project, the company will need to issue new debt that will have an annual interest expense of $23,500. The annual depreciation is $24,800 and the tax rate is 21 percent. What is the annual operating cash flow?
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$49,764
$81,200
$41,580
$125,780
$177,812

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