http://erten p-c Week 12 Ch10 File Edit View Favorites Took Help ohotmail?Robert-Blackboard ? Bank N Netflix ,.lio, Week 12 Ch1o 25.00 points Problem 10 9 Calculating Project OCF ILO1] Quad Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $2.91 million The fExed 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 $2,150,000 in annual sales, with costs of $845,000. If the tax rate is 30 percent, what is the OCF for this project? (Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars, e.g 1,234,567) Hints References Book & Resources Hint