12. Bad Company has a new 4-year project that will have annual sales of 9,800 units. The price per unit is $21.30 and the variable cost per unit is $9.05. Fixed costs are $48,000 per year. The project will require fixed assets of S108,000, which will be depreciated on a 3-year MACRS schedule. The annual depreciation percentages are 33.33 percent, 44.45 percent, and 14.81 percent, respectively. The tax rate is 40 percent. What is the operating cash flow for Year 3? A) $35,218 B) $57,224 C) $49,628 D) $54,030 E) $78,428