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A proposed new project has projected sales of $198,000, costs of $92,500, and depreciation of $25,300. The tax rate is 21 percent. Calculate operating

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A proposed new project has projected sales of $198,000, costs of $92,500, and depreciation of $25,300. The tax rate is 21 percent. Calculate operating cash flow using the four different approaches. (Do not round intermediate calculations.) EBIT + Depreciation - Taxes Top-down Tax shield Operating cash flow Bottom-up

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