Question: XYZ has a projected project to install a new press. The expected cash revenue is $175,000 per year. Expected yearly expenses are: Operating costs of

XYZ has a projected project to install a new press. The expected cash revenue is $175,000 per year. Expected yearly expenses are: Operating costs of $50,000; Rental of $17,000; Utilities of $20,500; and Depreciation of $10,000. The tax rate is 35%.
What is the expected After-Tax Operating Cash Flow for the first year?
a. $65,500
b. $60,375
c. $77,500
d. $97,500

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