McGilla Golf has decided to sell a new line of golf clubs. The clubs will sell for $848 per set and have a variable cost of $358 per set. The company has spent $13,424 for a marketing study that determined the company will sell 5,379 sets per year for seven years. The marketing study also determined that the company will lose sales of 921 sets of its high-priced clubs. The high-priced clubs sell at $1,042 and have variable costs of $730. The company will also increase sales of its cheap clubs by 1,160 sets. The cheap clubs sell for $442 and have variable costs of $246 per set. The fixed costs each year will be $930,901. The company has also spent $115,450 on research and development for the new clubs. The plant and equipment required will cost $2,812,571 and will be depreciated on a straight-line basis. The new clubs will also require an increase in net working capital of $128,134 that will be returned at the end of the project. The tax rate is 29 percent, and the cost of capital is 13 percent. What is the annual OCF for this project?