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Your company is considering a new investment project. It's estimating that in the first year it will be able to receive $348,000 in sales revenue,
Your company is considering a new investment project. It's estimating that in the first year it will be able to receive $348,000 in sales revenue, the production costs will total $254,000, annual depreciation will equal $14,000, and the company's taxable income will be in the 30% corporate income tax rate bracket.
Calculate the estimated first year Operating Cash Flow.
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