A $9-$year project is expected to provide annual sales of $$189,000$ with costs of $$93,500.$ The equipment necessary for the project will cost $$320,000$ and will be depreciated on a straight$-$line method over the life of the project. You feel that both sales and costs are accurate to $+/15$ percent. The tax rate is $21$ percent. What is the annual operating cash flow for the worst$-$case scenario?

Multiple Choice

$$49,435$

$$35,472$

$$96,947$

$$69,372$

$$31,875$