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Howard's Lighting is an all-equity firm that has net income of $78,500, depreciation of $6,250, and taxes of $20,867. What is the firm's operating cash

Howard's Lighting is an all-equity firm that has net income of $78,500, depreciation of $6,250, and taxes of $20,867. What is the firm's operating cash flow?

a. $72,250

b. $84,750

c. $78,500

d. $50,965

e. $46,250

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