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El Dorado Storage has the following projections for Year 1 of a capital budgeting project. Sales $279,587 Variable costs $128,221 Fixed costs adn selling, general

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

Sales $279,587

Variable costs $128,221

Fixed costs adn selling, general and administrative expenses $12,932

Depreciation Expense $23,361

Tax Rate 35%

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

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