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For a proposed project, operating profit is expected to be $145,000. Depreciation for year one is $24,000 and the tax rate is 21%. On the

For a proposed project, operating profit is expected to be $145,000. Depreciation for year one is $24,000 and the tax rate is 21%. On the pro forma income statement, what is the operating cash flow?

$114,550

$145,000

$138,550

$95,590

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