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Jefferson & Sons is evaluating a project that will increase annual sales by $500,000 and annual costs by $280,000. The project will initially require $140,000 in fixed assets that will be depreciated straight-line to a zero book value over the 5 year life of the project. The applicable tax rate is 40 percent. The annual operating cash flow for this project is $___. Round it to a whole dollar.

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Financial Management, Finance

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