17.

The following data apply to the next two questions Consider a four-year project with the following information: Initial fixed asset investment =$480,000 Straight-line depreciation to zero over the four-year life Zero salvage value Price per unit= $37 Variable cost per unit = $23 Fixed costs = $195,000 Quantity sold = 90,000 units Tax rate = 34% 5) 17 of 24 Calculate the base-case operating cash flow (OCF). O a. $685,700 O b. $710.800 O c. $743,700 d. $798,000 Oe. None of the above Unsure