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Jefferson & Sons is evaluating a project that will increase annual sales by $ 1 4 6 , 0 0 0 and annual cash costs

Jefferson & Sons is evaluating a project that will increase annual sales by $146,000 and annual cash costs by $84,000. The project will initially require $110,000 in fixed assets that will be depreciated straight-line to a zero book value over the four-year life of the project. The applicable tax rate is 21 percent. What is the operating cash flow for this project?

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