El Dorado Storage has the following projections for Year 1 of a capital budgeting project....

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Finance

El Dorado Storage has the following projections for Year 1 of a capital budgeting project.

Sales $222,562

Variable costs $129,143

Fixed costs adn selling, general and administrative expenses $10,955

Depreciation Expense $13,706

Tax Rate 35%

Calculate the operating cash flow for Year 1. Round the answer to two decimals

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