Purchasing a new fabric machine will reduce waste of raw materials, lowering our COGS by $10,000 per year. If depreciation due to the purchase will increase $1,000 in the first year and $1,200 in the second, what is the OCF for year 1? (assume a 21% tax rate)

Purchasing a new fabric machine will reduce waste of raw materials, lowering our coGS by $10,000 per year. If depreciation due to the purchase will increase $1,000 in the first year and $1,200 in the second, what is the ocF for year 1 ? (assume a 21% tax rate)