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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 $ 3 5 6

Your company is considering a new investment project. It's estimating that in the first year it will be able to receive $356,000 in sales revenue, the production costs will total $255,000, and it will be in the 34% corporate income tax rate bracket. In addition, your company would need to spend $500,000 on buying production equipment, which will be depreciating straight line over 6 years.
Calculate the estimated first year Operating Cash Flow.
Increase decimal places for any intermediate calculations, from the default 2 to 6 or higher. Only round your final answer to TWO decimal places: for example, 10,000.23.
Do NOT use "$" in your answer.
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