The owner of a bicycle repair shop forecasts revenues of $188,000 a year. Variable costs will be $57,000, and rental costs for the shop are $37,000 a year. Depreciation on the repair tools will be $17,000. The tax rate is 40%. a. Calculate operating cash flow for the year by using all three methods: (a) adjusted accounting profits: (b) cash inflow/cash outflow analysis; and (c) the depreciation tax shield approach Method Operating Cash Flow Adjusted accounting profits Cash inflow/cash outflow analysis Depreciation tax shield approach b. Are the above answers equal? Yes No