(Calculating operating cash flows) The Heritage Farm Implement Company is considering an investment that is expected to generate revenues of S3.400,000 per year. The project will also involve annual cash expenses (including both fixed and variable costs) of $1,200,000, while increasing depreciation by $410,000 per year. If the firm's tax rate is 31 percent, what is the projects estimated net operating profit after taxes? What is the project's annual operating cash flow? At a tax rate of 31 %. the project's estimated net operating profit aner taxes (NOPAT) is (Round to the nearest dollar.)