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Sandra's Shoes paid $1,570 in loan interest and $1,230 in loan principal during the year. No new funds were borrowed. The depreciation expense for the
Sandra's Shoes paid $1,570 in loan interest and $1,230 in loan principal during the year. No new funds were borrowed. The depreciation expense for the year is $1,320, and the firm owes $8,860 in taxes for the year. What is the operating cash flow for the year if the firm has earnings before interest and taxes of $29,800.? $22,260 $21,450 $20,940 $20,690 $19,620
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