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2020) Quad Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $1.54 million. The fixed asset will be

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2020) Quad Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $1.54 million. The fixed asset will be depreciated straight-line to zero over its three-year taxibe, after which timet be worthless. The project is estimated to generate $1.621 million in annual sales, with costs of $710,000. There 21 percent, what is the OCF for this project? Suggested Formula(s): OCF = (Sales - Costs) (1 - TJ + Tc(Depreciation) Select one: A. $827,490 O B. $800,160 O C. $719,960 OD. $611,890 E. $299,110

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