Operating cash flow. Grady Precision Measurement Tools has forecasted the following sales and costs for a new GPS system: annual sales of

40,000

units at

$20

a unit, production costs at

36%

of sales price, annual fixed costs for production at

$160,000,

and straight-line depreciation expense of

$220,000

per year. The company tax rate is

30%.

What is the annual operating cash flow of the new GPS system?

What is the annual operating cash flow of the new GPS system?

$enter your response here

(Round to the nearest dollar.)