Question: A cost-cutting project will decrease costs by $64,700 a year. The annual depreciation will be $14,700 and the tax rate is 34 percent. What is

A cost-cutting project will decrease costs by $64,700 a year. The annual depreciation will be $14,700 and the tax rate is 34 percent. What is the operating cash flow for this project? Multiple Choice $37,704 $42,702 o $17,000 o 0 $47,700 $47700 o $26,996
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