Question: A project will generate sales of $53,284 each. The variable costs are $19,574 and the fixed costs are $12,148. The project will use an equipment

A project will generate sales of $53,284 each. The variable costs are $19,574 and the fixed costs are $12,148. The project will use an equipment worth $108,438 that will be depreciated on a straight-line basis to a zero book value over a 19-year life of the project. If the tax rate is 13%, what is the operating cash flow?

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

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