$21$

A $7-$year project is expected to provide annual sales of $$153,000$ with costs of $$89,000.$ The equipment necessary for the project will cost $$275,000$ and will be depreciated on a straight$-$line method over the life of the project. You feel that both sales and costs are accurate to $\frac{+}{-}10$ percent. The tax rate is $21$ percent. What is the annual operating cash flow for the worst$-$case scenario?

$02$:$10$:$19$

Multiple Choice

$$39,692$

$$50,994$

$$23,880$

$$68,634$

$$31,634$