A project will generate sales of $42,747 each. The variable costs are $11,538 and the fixed costs

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A project will generate sales of $42,747 each. The variable costs are $11,538 and the fixed costs are $15,701. The project will use an equipment worth $112,244 that will be depreciated on a straight-line basis to a zero book value over a 4-year life of the project. If the tax rate is 16%, what is the operating cash flow?

Note: Enter your answer rounded off to two decimal points.