Question: Duke Fishron needs your help calculating the operating cash flow (OCF) for his business. Last year he sold 2,700 units for a price of $50.00

 Duke Fishron needs your help calculating the operating cash flow (OCF)

Duke Fishron needs your help calculating the operating cash flow (OCF) for his business. Last year he sold 2,700 units for a price of $50.00 per unit. Each unit sold cost him $35.00 and his fixed costs for the year were $18,000. The depreciation expense was $17,000 and his marginal tax rate was 20%. What was his OCF last year? Answer as a dollar amount rounded to 2 decimal places (e.g., 12.34)

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