kurt's cabinets is looking at a project that will require $80,000 in fixed assets and another $20,000 in net working capital. the project is expected to produce annual sales of $110,000 with associated costs of $70,000. the project has a life of 4 years. the company ignores bonus depreciation and instead uses straight-line depreciation to a zero book value over the life of the project. the tax rate is 21 percent. what is the annual operating cash flow for this project? multiple choice $31,600 $43,200 $27,000 $35,800 $40,000