Question $3$

You work for Alpha Inc., and you must estimate the Year $1$ operating net cash flow for a proposed project with the following Year $1$ data. What is the Year $1$ operating cash flow?

Sales $$11,000$

Depreciation $$4,000$

Other operating costs $$6,000$

Tax rate $25\%.$

$$4,650$

$$4,800$

$$4,950$

$$5,100$

$$5,250$

$$4,750$