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Bronco Spirit Inc. is evaluating a project that will increase annual sales by $198,600 and annual cash costs by $95,400. The project will initially require

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Bronco Spirit Inc. is evaluating a project that will increase annual sales by $198,600 and annual cash costs by $95,400. The project will initially require $187,000 in fixed assets that will be depreciated straight-line to a zero book value over the four-year life of the project. The applicable tax rate is 22 percent. What is the annual operating cash flow for this project? $90,988$90,781$91,483

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