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Jefferson & Sons is evaluating a project that will increase annual sales by $90,000 and annual costs by $40,000. The project will initially require $140,000

Jefferson & Sons is evaluating a project that will increase annual sales by $90,000 and annual costs by $40,000. The project will initially require $140,000 in fixed assets that will be depreciated straight-line to a zero book value over the 10 year life of the project. The applicable tax rate is 34 percent. What is the operating cash flow for this project? Please show your work

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