Quad Enterprises is considering a new 2-year expansion project that requires an initial fixed asset investment of $2.862 million. The fixed asset will be depreciated straightline to zero over its 2 -year tax life, after which time it will be worthless. The project is estimated to generate $2,544,000 in annual sales, with costs of $1,017,600. If the tax rate is 24 percent, what is the OCF for this project? Multiple Choice $1,526,400 $72,504 $1,503,504 $1,428,329 $1,578,679