Hubrey Home Inc. is considering a new three - year expansion project that requires an initial fixed asset investment of $ 3.5 million . The fixed asset falls into Class 10 for tax purposes ( CCA rate of 30 % per year ) , and at the end of the three years can be sold for a salvage value equal to its UCC . The project is estimated to generate $ 2,610,000 in annual sales , with costs of $ 826,000 . If the tax rate is 35 % what is the OCF for each year of this project ? ( Enter the answers in dollars . Do not round your intermediate calculations Round the final answers to 2 decimal places . Omit $ sign in your response . ) OCF1 OCF 2 OCF3

Hubrey Home Inc. is considering a new three-year expansion project that requires an initial fixed asset investment of $3.5 million. The fixed asset falls into Class 10 for tax purposes (CCA rate of 30% per year), and at the end of the three years can be sold for a salvage value equal to its UCC. The project is estimated to generate $2,610,000 in annual sales. with costs of $826,000. If the tax rate is 35%, what is the OCF for each year of this project? (Enter the answers in dollars. Do not round your intermediate calculations. Round the final answers to 2 decimal places. Omit $ sign in your response.)