Esfandairi Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $3,050,000. 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 $3,310,000 in annual sales, with costs of $2,330,000. If the tax rate is 23 percent, what is the OCF for this project? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.9. 32.16