You calculate that your company has had the following performance this year: $500,000 sales, $300,000 cost of goods sold

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You calculate that your company has had the followingperformance this year: $500,000 sales, $300,000 cost of goods sold,$20,000 administrative expense, $20,000 depreciation expense, and$50,000 purchase of equipment. The tax rate has gone down this yearfrom 28% to 21%. What is your company’s operating cash flow?