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Plesse do all steps necessary. ive been submitting finance questions and most of them have been wrong. please give md the right answer (Related to

Plesse do all steps necessary. ive been submitting finance questions and most of them have been wrong. please give md the right answer image text in transcribed
(Related to Checkpoint 12.1) (Calculating operating cash flows) Assume that a new project will annually generate revenues of $2,300,000 and cash expenses (including both fixed and variable costs) of $500,000, while increasing depreciation by $170,000 per year. In addition, the firm's tax rate is 35 percent Calculate the operating cash flows for the new project The firm's operating cash flows are $ (Round to the nearest dollar)

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