Quad Enterprises is considering a new 2-year expansion project that requires an initial fixed asset investment of $1.188 million. The fixed asset will be depreciated straight-line to zero over its 2 -year tax life, after which time it will be worthless. The project is estimated to generate $1,056,000 in annual sales, with costs of $422,400. If the ' tax rate is 21 percent, what is the OCF for this project? Multiple Choice $31,284 $633,600 $594,020 $656,548 $625,284