Jacob's Jewelers is considering carrying a new product line which is expected to produce annual sales of $450,000 and increase cash expenses by $350,000. If the product line is added, taxes will increase by $31,000. The additional depreciation expense will be $36,000. An initial cash outlay of $65,000 is required for net working capital. What is the amount of the operating cash flow using the top-down approach? $69,000 $107,000 $42,000