Phone home inc is considering a new five year expansion project that requires an initial fixed asset investment of $6.089 million. The fixed asset will be depreciated straight line to zero over the project's life after which time it will be worthless. No bonus depreciation will be taken. The project is estimated to generate $4389000 in annual sales with costs of $1731200. The tax rate if 24 percent . What is the annual operating cash flow for this project ?

a) $1727570

b) $1211407

c) 2312200

d) 936000

e) 2848315