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Waterloo Engineering and Manufacturing provided the following data on their operations. Assume all these values are annual. Units Sold : 40,000 Unit Price: $30 Fixed

Waterloo Engineering and Manufacturing provided the following data on their operations. Assume all these values are annual.

Units Sold : 40,000

Unit Price: $30

Fixed Costs (excluding depreciation): $120,000

Variable Cost per unit: $21

Depreciation: $60,000

Tax Rate: 27%

Compute the annual OCF ignoring any CCA effects.

I need to see the steps for OFC please

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