Question: Bennett Co. has a potential new project that is expected to generate annual revenues of $253,100, with variable costs of $140,000, and fixed costs of

Bennett Co. has a potential new project that is expected to generate annual revenues of $253,100, with variable costs of $140,000, and fixed costs of $58,300. To finance the new project, the company will need to issue new debt that will have an annual interest expense of $19,500. The annual depreciation is $23,200 and the tax rate is 40 percent. What is the annual operating cash flow?

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