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Loctite, Inc. is looking at a project that will require $160,000 in fixed assets and another $40,000 in net working capital. The project is expected

Loctite, Inc. is looking at a project that will require $160,000 in fixed assets and another $40,000 in net working capital. The project is expected to produce sales of $220,000 with associated costs of $140,000. The project has a 4- year life. The company uses straight-line depreciation to a zero book value over the life of the project. The tax rate is 35 percent. What is the operating cash flow for this project?

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