Question 2 Charlene Brooks has been asked to use the following information to calculate Operating Cash Flow with tax shield approach 1. WRITE OUT THE FORMULA FOR THE TAX SHIELD APPROACH TO OCF 2. USING THIS APPROACH, THE OCF IS ESTIMATED AT [Select] Sales projected at $500,000 Variable costs = 40% of sales Fixed costs - 5% of sales New equipment cost $160,000 to be depreciated to zero over project life of four years Tax rate - 23%