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Scenario: Furniture Manufacturers are considering a new capital budgeting project. They expect the project to generate annual sales of $7,890,500 and annual costs of $4,350,900.

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Scenario: Furniture Manufacturers are considering a new capital budgeting project. They expect the project to generate annual sales of $7,890,500 and annual costs of $4,350,900. They expect their annual depreciation expense resulting from the project to be $975,600, and their tax rate is 25%. What is their expected annual operating cash flow? $2,898,600 $4,487.000 $3,539,600 $2,564,000

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