Quad Enterprises is considering a new $4-$year expansion project that requires an initial fixed asset investment of $$1\mathrm{.}782$ million. The fixed asset will be depreciated straight$-$line to zero over its $4-$year tax life, after which time it will be worthless. The project is estimated to generate $$1,584,000$ in annual sales, with costs of $$633,600.$

If the tax rate is $24$ percent, what is the OCF for this project?

Multiple Choice

$$829,224$

$$950,400$

$$383,724$

$$870,685$

$$787,763$