Marie's Fashions is considering a project that will require $41,000 in net working capital and $60,000 in fixed assets. The project is expected to produce annual sales of $62,000 with associated cash costs of $37,000. The project has a three-year life. The company uses straight-line depreciation to a zero book value over the life of the project. The tax rate is 25 percent. What is the operating cash flow for this project?