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Whatcom Co . recently acquired $ 1 0 0 , 0 0 0 worth of fixed assets to be used for a new project. The

Whatcom Co. recently acquired $100,000 worth of fixed assets to be used for a new project. The depreciation method used for these new assets would be a straight line approach and the depreciation will take place over 10 years. This new project is estimated to generate sales of $60,000 each year with an estimated production cost of $35,000. What is the first year's operating cash flow for this project, assuming the relevant corporate tax rate is 10%?
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