Keene, Inc., is considering a new three-year expansion project that requires an initial fixed asset investment of $150,000.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 expected to generate $90,000 annual sales with costs of 20% of the sales.Assume the tax rate is 34%.What is the project's OCF?

a.$62,200

b.$58,580

c.$64,520

d.$60,155