Esfandairi Enterprises is considering a new three$-$year expansion project that requires an initial fixed asset investment of $$3,100,000.$

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 $$3,370,000$ in annual sales, with costs of $$2,390,000.$ If the tax rate is $24$ percent, what is the OCF for this

project?

Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$