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Northern Railway is considering a project which will produce annual sales of $975,000 and increase cash expenses by $781,000. If the project is implemented, taxes
Northern Railway is considering a project which will produce annual sales of $975,000 and increase cash expenses by $781,000. If the project is implemented, taxes will increase from $141,000 to $154,000 and depreciation will increase from $194,000 to $272,000. The company is debt-free. What is the amount of the operating cash flow using the top-down approach?
$209,000
$25,000
$114,000
$157,000
$181,000
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