Intro

Creminy, Inc. estimates revenue of $$90,000,$ costs of $$45,000,$ and depreciation of

$$11,000$ related to a new project. The marginal tax rate is $34\%.$

The project will require a capital expenditure of $$59,000.$ It will also require

an additional $$18,000$ in current $($operating$)$ assets and will create an

extra $$14,000$ in current $($operating$)$ liabilities.

Part $1$

What is the supplemental operating cash flow?

Part $2$

What is the change in net working capital?

Part $3$

What is the incremental cash flow?