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What are the following projects operating cash flows for year 1 : Sales: $ 2 0 ,000 All costs excluding depreciation: 1 0% of sales

What are the following projects operating cash flows for year 1:

Sales: $20,000

All costs excluding depreciation: 10% of sales

Annual depreciation expense: $1,000

Tax rate: 21%

Purchase price of asset: $2,200

Current assets: $1,000

Current liabilities: $1,700

A$4,700

B$4,720

C$14,740

D $14,850

ENone of the above

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