Question

A corporation has annual sales of $1,500,000 and costs of $698,000 in the first year. A

plant is installed at a cost of $1,200,000. It will be depreciated straight line to zero in its

useful life of 4 years. The tax rate is 35%. Calculate the operating cash flow for the first

year.

A. $326,300

B. $521,300

C. $626,300

D. $605,300

Answer 1

1. $326,300 this iss your correct answer .

Answer 2

Answer:

Explanation

C