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The Pharoah Mills Company has just disclosed the following financial information in its annual report: sales of $ 1 . 4 6 million, cost of

The Pharoah Mills Company has just disclosed the following financial information in its annual report: sales of $1.46 million, cost of
goods sold of $814,100, depreciation expenses of $176,600, and interest expenses of $91,000. Assume that the firm has an average
tax rate of 29 percent. Compute the cash flows to investors from operating activity. (Round intermediate calculations and final answer to
2 decimal places, e.g.15.25.)
Cash flow from operating activity $
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