El Dorado Storage has the following projections for Year 1 of a capital budgeting project. Sales $207,399 Variable costs $117,871
El Dorado Storage has the following projections for Year 1 of a capital budgeting project.
Sales $207,399
Variable costs $117,871
Fixed costs adn selling, general and administrative expenses $11,371
Depreciation Expense $18,448
Tax Rate 35%
Calculate the operating cash flow for Year 1. Round the answer to two decimals
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