A $9-$year project is expected to provide annual sales of $$161,000$ with costs of $$90,000.$ The

equipment necessary for the project will cost $$285,000$ 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 $+/$

$-10$ percent. The tax rate is $21$ percent. What is the annual operating cash flow for the worst$-$

case scenario?

Multiple Choice

$$29,835$

$$42,911$

$$27,148$

$$73,548$

$$44,718$