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You are analyzing a project and have developed the following estimates. The depreciation is $72,000 a year and the tax rate is 35 percent. What

You are analyzing a project and have developed the following estimates. The depreciation is $72,000 a year and the tax rate is 35 percent. What is the best case (Upper Bound) operating cash flow?

		$119,775
		$138,275
		$153,075
		$164,775
		$178,275

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