A $5,000,000 project will be depreciated using a 5-year MACRS schedule. The project should generate additional sales of $3,000,000 per year, and additional cash operating expenses of $1,600,000. Calculate the year 4 NOCFt if the firm's tax rate is 37%.

a $1,095,120

b $987,290

c $1,108,278

d $991,014

e none of these