Miglietti Restaurants is looking at a project with the following forecasted? sales: ? first-year sales quantity of 31,000?,

with an annual growth rate of 2.00?% over the next ten years. The sales price per unit will start at $42 and will grow at 4.50?% per year. The production

costs are expected to be 55?% of the current? year's sales price. The manufacturing equipment to aid this project will have a total cost? (including

installation) of $2,400,000.?? It will be depreciated using? MACRS, and has a? seven-year MACRS life classification. Fixed costs will be $340,000

per year. Miglietti Restaurants has a tax rate of 30?%. What is the operating cash flow for this project over these ten? years?