Kenora Industries is analyzing a new project. They have gathered the following data: Initial requirement for equipment: $140,000 Depreciation: Straight-line to zero over the four-year life of the project with no salvage value. Required rate of return: 15% Marginal tax rate: 35% What is the operating cash flow under the base-case scenario? $92,438 $97,958 $89,396 $103,101 $85,600