Question: A project will generate sales of $45,575 each. The variable costs are $19,267 and the fixed costs are $10,232. The project will use an equipment

A project will generate sales of $45,575 each. The variable costs are $19,267 and the fixed costs are $10,232. The project will use an equipment worth $108,747 that will be depreciated on a straight-line basis to a zero book value over a 8-year life of the project. If the tax rate is 13%, what is the operating cash flow?

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