Cash flow to stockholders is defined as: Select one: a. cash flow from assets plus cash flow to creditors. b. operating cash flow minus cash flow to creditors. O c. dividends paid plus the change in retained earnings. d. dividends paid minus net new equity raised. e. net income minus the addition to retained earnings You are analyzing a project and have developed the following estimates. The depreciation is $19,800 a year and the tax rate is 34 percent. What is the best case operating cash flow? Description/Base Case/Lower Bound/Upper Bound Unit Sales/4,400/3,800/4,900 Sales Price/$62/$59/$65 Variable Cost Per Unit/$47/$44/$50 Fixed Costs/$23,000/$21,500/$24,500 Select one: O a. $60,456 b. $62,333 C. $64,011 d. $65,650 e. $66,240