P10-9 Calculating Project OCF (LO1) Summer Tyme, Inc., is considering a new 3-year expansion project that requires an initial fixed asset investment of $2.592 million. The fixed asset will be depreciated straight-line to zero over its 3-year tax life, after which time it will be worthless. The project is estimated to generate $2,304,000 in annual sales, with costs of $921,600. Required: If the tax rate is 30 percent, what is the OCF for this project? Multiple Choice $1.288,224 $362 880 d $1,165,536 O $1,226,880 O $1,382,400