Your company is considering a new investment project. It's estimating that in the first year...

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Finance

Your company is considering a new investment project. It's estimating that in the first year it will be able to receive $349,000 in sales revenue, the production costs will total $278,000, and it will be in the 30% corporate income tax rate bracket. In addition, your company would need to spend $700,000 on buying production equipment, which will be depreciating straight line over 15 years.

Calculate the estimated first year Operating Cash Flow.

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