1. Compute the OCF for this project. ? X SA FILE HOME INSERT Calculating Project OCF - Excel FORMULAS DATA REVIEW - Sign In PAGE LAYOUT VIEW y Calibri |11 A = % 2 Paste B IU - A Alignment Number Conditional Format as Cell Formatting Table Styles Styles Cells - Clipboard A1 x fx Keiper, Inc., is considering a new three-year expansion project that requires an initial fixed asset investment of $2.9 million. The fixed asset will be depreciated straight-line to zero over its three-year tax life, after which time it will be worthless. The project is estimated to generate $2,190,000 in annual sales, with costs of $815,000. If the tax rate is 35 percent, what is the OCF for this project? $ $ Asset investment Estimated annual sales Costs Tax rate *Depreciation straight-line to zero over tax life 2,900,000 2,190,000 815,000 35% Complete the following analysis. Do not hard code values in your calculations. Complete the following analysis. Do not hard code values in your calculations. Sales Costs Depreciation EBT Taxes Net income OCF 1 ... Sheet1 ... + READY - + 100%