A new project will cost $100,000. It will yield new sales revenues of $496,000. It will increase annual variable costs by $416,000 and annual fixed costs by $15,000. The project will also require initial investment of $22,000 in net working capital. The project will last for three years, and depreciation will be straight-line to zero. Given that the required rate of return on this project is 18%, and the marginal corporate tax rate is 40%, what is the year 2 operating cash flow from this project?

A. $47,333.33

B. $52,333.33

C. $49,000

D. $39,000

E. $26,000

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