Neo Corporation is evaluating a project that will increase sales by $328,000 and costs by $196,800. The project will initially cost $984,000 for fixed assets that will be depreciated straight-line to a zero book value over the 10-year life of the project. The applicable tax rate is 25 percent. What is the annual operating cash flow for this project?

$142,000

$131,000

$123,000

$115,500

$102,750