ABC Company has a proposed project that will generate sales of 337 units annually at a selling price of $271 each. The fixed costs are $6,321 and the...

ABC Company has a proposed project that will generate sales of 337 units annually at a selling price of $271 each. The fixed costs are $6,321 and the variable costs per unit are $113. The project requires $16,308 of equipment that will be depreciated on a straight-line basis to a zero book value over the 8-year life of the project. That is, depreciation each year is $16,308/8. The tax rate is 36 percent. What is the operating cash flow?