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Lillian Inc. is considering purchasing a new milling machine. The new machine costs $144,026, plus installation fees of $18,749 and will generate revenue of $3,622,324

Lillian Inc. is considering purchasing a new milling machine. The new machine costs $144,026, plus installation fees of $18,749 and will generate revenue of $3,622,324 per year and cost of good sold of $1,175,369 over its 6-year life. The machine will be depreciated on a straight-line basis over its 6-year life to an estimated salvage value of 0. Mystics marginal tax rate is 0%. Mystic will require $23,930 in NWC if the machine is purchased. Determine the annual operating cash flow in if the machine is purchased. round your answer to two decimals

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