A company sells Gizmos to consumers at a price of $90 per unit. The costs to produce Gizmos is $37 per unit. The company will sell 12,000 Gizmos to consumers each year. The fixed costs incurred each year will be $130,000. There is an initial investment to produce the goods of $3,600,000 which will be depreciated straight line over 20 year life of the investment to a salvage value of $0. The opportunity cost of capital is 13% and the tax rate is 35%

What is operating cash flow each year?