Q7 The LJ Company currently sells short leather jackets for $349 each. The firm is considering selling long coats also. The coats would sell for $689 each and the company expects to sell 900 a year. If the firm decides to carry the long coat, management feels that the sales of the short jacket will decline from 1,420 to 1,265 units. Variable costs on the jacket are $210 and $445 on the long coat. The fixed costs for this project are $42,000, depreciation is $11,000 a year, and the tax rate is 33 percent. What is the projected operating cash flow (OCF) for this project? Q8 You are analyzing a project and have developed the following estimates. The depreciation is $4,200 a year and the tax rate is 34 percent. What is the best case operating cash flow? What is the worst case OCF