Esfandain Enterprises is considering a new three-year expansion project that requires an inittal fixed asset investment of $2,400,000. The fixed asset will be depreclated straight-ine to zero over its three year tax ilfe, after which time it will be worthless. The project is estimated to generate $2530,000 in annual sales, with costs of $1,550,000. If the tax rate is 25 percent, what is the OCF for this project? Note: Do not round Intermedlate calculations and round your answer to 2 declmal places, e.g., 3216