Question: King Nothing is evaluating a new 6 - year project that will have annual sales of $ 4 1 5 , 0 0 0 and

King Nothing is evaluating a new 6-year project that will have annual sales of $415,000 and costs of $287,000. The project will require fixed assets of $515,000, which will be depreciated on a 5-year MACRS schedule. The annual depreciation percentages are 20.00 percent, 32.00 percent, 19.20 percent, 11.52 percent, 11.52 percent, and 5.76 percent, respectively. The company has a tax rate of 24 percent. What is the operating cash flow for Year 3?Multiple Choice$111,519$117,880$54,451$121,011$172,429

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