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PLEASE DO IT BY EXCEL!!!! THANKS!!! > Question 23 5 pts Your local athletic center is planning a $500,000 expansion to its current facility. This

PLEASE DO IT BY EXCEL!!!! THANKS!!!image text in transcribed

> Question 23 5 pts Your local athletic center is planning a $500,000 expansion to its current facility. This cost will be depreciated on a straight-line basis over a 20-year period. The expanded area is expected to generate $175,000 in additional annual sales. Variable costs are 32 percent of sales, the annual fixed costs are $40,000, and the tax rate is 21 percent. What is the operating cash flow for the first year of this project? O $31,450.00 $42,660.00 $67,660.00 $99,260.00 O $62,410.00

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