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El Dorado Storage has the following projections for Year 1 of a capital budgeting project. Sales $290,103 Variable costs $114,728 Fixed costs adn selling, general

El Dorado Storage has the following projections for Year 1 of a capital budgeting project.

Sales $290,103

Variable costs $114,728

Fixed costs adn selling, general and administrative expenses $10,299

Depreciation Expense $12,656

Tax Rate 35%

Calculate the operating cash flow for Year 1.Round the answer to two decimals

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