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El Dorado Storage has the following projections for Year 1 of a capital budgeting project. Sales $268,246 Variable costs $112,693 Fixed costs adn selling, general

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

Sales $268,246

Variable costs $112,693

Fixed costs adn selling, general and administrative expenses $11,503

Depreciation Expense $28,979

Tax Rate 35%

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

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