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Homework: Assignment 9 Question 1, P10-11 (similar to) HW Score: 0%, 0 of 4 points...

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Homework: Assignment 9 Question 1, P10-11 (similar to) HW Score: 0%, 0 of 4 points O Points: 0 of 1 Save 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 $22 a unit, production costs at 37% of sales price, annual fixed costs for production at $140,000, and straight-line depreciation expense of $220,000 per year. The company tax rate is 40%. What is the annual operating cash flow of the new GPS system? C What is the annual operating cash flow of the new GPS system? (Round to the nearest dollar.)

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