Uptown Motors Is Analyzing a Project with Annual Sales of $420,000,straight-Line

Uptown Motors is analyzing a project with annual sales of $420,000,straight-line depreciation of $28,700 a year,and a net working capital requirement of $34,000.The firm has a tax rate of 34 percent and a profit margin of 6.1 percent.The firm has no long-term debt.What is the amount of the operating cash flow?

A) $24,384.42
B) $50,616.67
C) $54,320.00
D) $58,340.70
E) $26,667.20