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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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