Campus Shadow is considering the addition of a washer system that will cut annual

costs by $$12,000.$ The system will cost $$45,000$ to purchase and install and is

expected to have a $5-$year life and will be depreciated to zero using straight$-$line

depreciation. What is the annual operating cash flow $($OCF$)$ for this project if the tax

rate is $30\%?$

$$9,650$

$$9,900$

$$11,100$

$$10,400$

$$10,100$