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Operating cash flow. Grady Precision Measurement Tools has forecasted the following sales and costs for a new GPS system: annual sales of 4 0 ,

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 $22 a unit, production costs at 40% of sales price, annual fixed costs for production at $150,000, and straight-line depreciation expense of $205,000 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?
(Round to the nearest dollar.)
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