LO 2 9. Calculating Project OCF. H.Cochran, Inc.,is considering a new three-year expansion project that requires an initial fixed asset investment of depreciated straight-line to zero over it three-year tax life, after which time it will be worthless. The project is estimated to generate $2,145,000 in annual sales, with costs of S1,205,000 If the tax rate is 35 percent, what is the OCF for this project? LO 2 10. Calculating Project NPV. In the previous problem, suppose the required return on the project is 14 percent. What is the project's NPV