H. Cochran, Inc., is considering a new three-year expansion project that requires an Inital fixed asset Investment of $2,950,000. 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 $3,190,000 in annual sales, with costs of $2,210,000. If the tax rate is 21 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