Byrne Corporation generated sales of 1500 bicycles at a selling price of $1000 each. The fixed costs are $800 000 and variable costs per unit are...

Byrne Corporation generated sales of 1500 bicycles at a selling price of $1000 each. The fixed costs are $800 000 and variable costs per unit are $300. The annual depreciation of the machinery is $150 000. Calculate the annual operating cash flow if the corporate tax rate is 30%.

$70 000

$150 000

$220 000

$250 000

$1 050 000