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Camille's Cafe is considering a project that will not produce any sale but will decrease annual cash expenses by $12,000. If the project is implemented,

Camille's Cafe is considering a project that will not produce any sale but will decrease annual cash expenses by $12,000. If the project is implemented, annual taxes will increase for $23,000 to $25,205, and depreciation will increase from $4,000 to $5,500 per year. What is the amount of the annual operating cash flow using the top-down approach?

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