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The Cake Factory has total sales of $ 2 , 2 0 0 . Total costs are $ 7 8 0 and depreciation is $

The Cake Factory has total sales of $

2, 200 .

Total costs are $

780

and depreciation is $

100 .

The tax rate is

24

percent. The firm does not have any interest expense. Find the operating cash flow.a

.

1, 027

.

1, 103 .

1, 479

.

1, 306

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