$15)(10$ marks$)$ Your local athletic center is planning a $$500,000$ expansion to its current facility. Thisco ge wer be depreciated on a straight$-$line basis over a $20-$year portod. The expanded area is expectedto generate $$175\mathrm{.}000$ in additional annual sales. Variable costs are $32\%$ of sales, the annual fixed costs are $$40,000,$ and the tax rate is $21\%.$ What is the operating cash flow for the first year of this projeet?