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El Dorado Storage has the following projections for Year 1 of a capital budgeting project. Sales: $128,226 Fixed costs and selling, general and administrative expenses
El Dorado Storage has the following projections for Year 1 of a capital budgeting project.
Sales: $128,226
Fixed costs and selling, general and administrative expenses $12,951
Depreciation Expense $26,260
Tax Rate 35%
Calculate the operating cash flow for Year 1.
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