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Rock Haven has a proposed project that will generate sales of 1,905 units annually at a selling price of $35 each. The fixed costs are

Rock Haven has a proposed project that will generate sales of 1,905 units annually at a selling price of $35 each. The fixed costs are $19,400 and the variable costs per unit are $11.15. The project requires $35,800 of fixed assets that will be depreciated on a straight-line basis to a zero book value over the 4-year life of the project. The salvage value of the fixed assets is $9,500 and the tax rate is 21 percent. What is the operating cash flow? Multiple Choice

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