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Laurels Lawn Care Ltd., has a new mower line that can generate revenues of $153,000 per year. Direct production costs are $51,000, and the fixed

Laurels Lawn Care Ltd., has a new mower line that can generate revenues of $153,000 per year. Direct production costs are $51,000, and the fixed costs of maintaining the lawn mower factory are $20,500 a year. The factory originally cost $1.02 million and is being depreciated for tax purposes over 20 years using straight-line depreciation. Calculate the operating cash flows of the project if the firms tax bracket is 25%.

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