Operating cash flow (growing each year; MACRS). Mathews Mining Company is looking at a project that has the following forecasted sales: first-year sales are 6,700 units, and sales will grow at 13% over the next four years (a five- year project). The price of the product will start at $120 per unit and will increase each year at 9%. The production costs are expected to be 58% of the current year's sales price. The manufacturing equipment to aid this project will have a total cost (including installation) of $1,200,000. It will be depreciated using MACRS, B, and has a seven-year MACRS life classification. Fixed costs will be $52,000 per year. Mathews Mining has a tax rate of 35%. What is the operating cash flow for this project over these five years? What is the operating cash flow for this project in year 1? $ (Round to the nearest dollar.) -X Data table MACRS Fixed Annual Expense Percentages by Recovery Class Click on this icon to download the data from this table Year 10-Year 1 2 3 4 5 3-Year 33.33% 44.45% 14.81% 7.41% 5-Year 20.00% 32.00% 19.20% 11.52% 11.52% 5.76% 7-Year 14.29% 24.49% 17.49% 12.49% 8.93% 8.93% 8.93% 4.45% 6 10.00% 18.00% 14.40% 11.52% 9.22% 7.37% 6.55% 6.55% 6.55% 6.55% 3.28% 7 8 9 10 11