Check my work A gym owner is considering opening a location on the other side of town. The new facility will cost $1.58 million and will be depreciated on a straight-line basis over a 20-year period. The new gym is expected to generate $581,000 in annual sales. Variable costs are 38 percent of sales, the annual fixed costs are $94.900, and the tax rate is 21 percent. What is the operating cash flow? Multiple Choice $137,728 $323,260 $296,920 $226,193