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Summer Tyme, Inc., is considering a new 3 - year expansion project that requires an initial fixed asset investment of $ 8 6 4 ,

Summer Tyme, Inc., is considering a new 3-year expansion project that requires an initial fixed asset investment of $864,979. The fixed asset will be depreciated straight-line to 37,065 over its 3-year tax life, after which time it will have a market value of $94,970. The project requires an initial investment in net working capital of $75,158. The project is estimated to generate $166,970 in annual sales, with costs of $157,945. The tax rate is 0.35 and the required return on the project is 0.11. What is the operating cash flow in years 1 through 3?(Make sure you enter the number with the appropriate +/- sign)

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