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Gibaut & Watson Architecture is considering a project that will produce incremental annual sales of $ 3 6 1 , 0 0 0 and increase

Gibaut & Watson Architecture is considering a project that will produce incremental annual sales of $361,000 and increase cash expenses by $198,000. If the project is implemented, taxes will increase from $31,000 to $47,000. The company is debt-free. What is the amount of the operating cash flow using the top-down approach?

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