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(Calculating operating cash flows) The Heritage Farm Implement Company is considering an investment which is expected to generate revenue of $3,100,000 per year. The

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(Calculating operating cash flows) The Heritage Farm Implement Company is considering an investment which is expected to generate revenue of $3,100,000 per year. The project will also involve annual cash expenses (including both fixed and variable costs) of $500,000, while increasing depreciation by $430,000 per year. If the firm's tax rate is 30%, what is the project's estimated net operating profit after tax? What is the project's annual operating cash flow? At a tax rate of 30%, the project's estimated net operating profit after tax (NOPAT) is $ (Round to the nearest dollar.) The project's annual operating cash flow is $ 1. (Round to the nearest dollar.)

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