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P12-13 (similar to) Question Help (Calculating operating cash flows) The Heritage Farm Implement Company is considering an investment that is expected to generate revenues of

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P12-13 (similar to) Question Help (Calculating operating cash flows) The Heritage Farm Implement Company is considering an investment that is expected to generate revenues of $2,600,000 per year. The project will also involve annual cash expenses (including both fixed and variable costs) of $1,050,000, while increasing depreciation by $390,000 per year. If the firm's tax rate is 36 percent, what is the project's estimated net operating profit after taxes? What is the project's annual operating cash flow? At a tax rate of 36%, the project's estimated net operating profit after taxes (NOPAT) is $ . (Round to the nearest dollar.)

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