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El Dorado Storage has the following projections for Year 1 of a capital budgeting project. Sales $221,591 Variable costs $112,205 Fixed costs adn selling, general
El Dorado Storage has the following projections for Year 1 of a capital budgeting project.
Sales $221,591
Variable costs $112,205
Fixed costs adn selling, general and administrative expenses $11,610
Depreciation Expense $27,659
Tax Rate 35%
Calculate the operating cash flow for Year 1. Round the answer to two decimals
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