cochran inc is considering a new three year expansion project that requires an initial fixed asset investment of $2550000. the fixed asset will be depreciated straight-line to zero over its three-year tax life, after which time it will be worthless. the project is estimated to generate $2710000 in annual sales with cost of $1730000. if the tax rate is 23 percent, what is the ocf of this project

C lent juue M. 1 Saved Help Save & Exit Sul H. Cochran, Inc., is considering a new three-year expansion project that requires an initial fixed asset investment of $2,550,000. The fixed asset will be depreciated straight- line to zero over its three-year tax life, after which time it will be worthless. The project is estimated to generate $2,710,000 in annual sales, with costs of $1,730,000. If the tax rate is 23 percent, what is the OCF for this project? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) OCE Provider