4 to 11/6 Pasha Entertainment is evaluating a new project that will have a life of 8 years. This project is estimated to generate sales of $360,000 each year. The annual costs are estimated to be $253,000. At Time 0. Pasha will need to invest $640,000 in new fixed assets. This will be depreciated on a straight-line method over the life of the project with no salvage value. Management has indicated that the sales and costs for this project are accurate within a range of +/-15 percent. The tax rate is 40 percent. For the best case scenario, compute the annual operating cash flow. Multiple Choice $11580 $119.370 w