Jefferson \& Sons is evaluating a project that will increase annual sales by $362,500 and annual cash costs by $235,000. The project will initially require $275,000 in fixed assets that will be depreciated straight-line to a zero book value over the threeyear life of the project. The applicable tax rate is 35 percent. What is the operating cash flow for this project? $94,769$122,784$136,204$114,958$76,787