Quad Enterprises is considering a new 2-year expansion project that requires an initial fixed asset investment of $6.48 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 $5,760,000 in annual sales, with costs of $2,304,000. If the tax rate is 25 percent, what is the OCF for this project?

a. 3,231,900

b. 3,465,600

c. 3,402.000

d. 162,000

e. 3,572,100