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NBV Corp bought a jPad maker for $1 million which will be depreciated stright-line to zero salvage over 25 years. The jPad is expected to create $120,000 in revenue a year. Utility costs are expected to be $15,000 a year and labor costs are expected to be $40,000 a year. The tax rate is 30%. What is the expected OCF for the first year?

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