Cape Cod Cranberry Products is evaluating the introduction of a new line of juice drinks consisting of cranberry juice blended with sweeter juices such as apple or grape.In the first year the product line is introduced, sales are forecasted at $2 000,000, Cost of Goods Sold at $1 200,000, other cash expenses at $300,000, depreciation expense at $800,000.The company has many other profitable product lines.Its marginal tax rate is 35%.Calculate operating cash flow for the first year.
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