For the current year, Skate and Snow has sales of $760,000 and a profit margin of 5 percent. The annual depreciation expense is $80,000. What is the amount of the annual operating cash flow if the company has no long-term debt? $34,000 $86,400 $118,000 $120,400 $123,900

For the current year, Skate and Snow has sales of $760,000 and a profit margin of 5 percent. The annual depreciation expense is $80,000. What is the amount of the annual operating cash flow if the company has no long-term debt? $34,000 $86.400 $118,000 $120,400 $123,900