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El Dorado Storage has the following projections for Year 1 of a capital budgeting project. Sales $245,367 Variable costs $129,465 Fixed costs adn selling, general

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

Sales $245,367

Variable costs $129,465

Fixed costs adn selling, general and administrative expenses $14,226

Depreciation Expense $24,395

Tax Rate 35%

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

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