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A business is considering a new 3 - year expansion project that requires an initial fixed asset investment of $ 6 9 8 , 1

A business is considering a new 3-year expansion project that requires an initial fixed asset investment of $698,121. The fixed asset will be depreciated straight-line to 47,428 over its 3-year tax life, after which time it will have a market value of $128,427. The project requires an initial investment in net working capital of $58,685. The project is estimated to generate $251,869 in annual sales, with costs of $81,430. The tax rate is 0.33 and the required return on the project is 0.08. What is the operating cash flow in years 1 through 3?(Make sure you enter the number with the appropriate +/- sign)

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