Question: Operating cash flow. Grady Precision Measurement Tools has forecasted the following sales and costs for a new GPS system: annual sales of 40,000 units at

 Operating cash flow. Grady Precision Measurement Tools has forecasted the following

Operating cash flow. Grady Precision Measurement Tools has forecasted the following sales and costs for a new GPS system: annual sales of 40,000 units at $21 a unit, production costs at 37% of sales price, annual fixed costs for production at $130,000, and straight-line depreciation expense of $190,000 per year. The company tax rate is 38%. What is the annual operating cash flow of the new GPS system? What is the annual operating cash flow of the new GPS system? $ (Round to the nearest dollar.)

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