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Your answer: Question 6 (CHAPTER 10) Your company is considering a new investment project. It's estimating that in the first year it will be able

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Your answer: Question 6 (CHAPTER 10) Your company is considering a new investment project. It's estimating that in the first year it will be able to receive $302,000 in sales revenue, the production costs will total $272,000, and it will be in the 34% corporate income tax rate bracket. In addition, your company would need to spend $200,000 on buying production equipment, which will be depreciating straight line over 12 years. Calculate the estimated first year Operating Cash Flow. (Increase decimal places for any intermediate calculations, from the default 2 to 6 or higher. Only round your final answer to TWO decimal places: for example, 10,000.23. Do NOT use "$" in your answer.)

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