Quad Enterprises is considering a new 2-year expansion project that requires an initial fixed asset investment of $3.51 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 $3,120,000 in annual sales, with costs of $1,248,000. If the tax rate is 22 percent, what is the OCF for this project? Multiple Choice $1,872,000 $91.260 $1938,573 $1,753,947