Quad Enterprises is considering a new 4-year expansion project that requires an initial fixed asset investment of $2.43 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 $2,160,000 in annual sales, with costs of $864,000. If the tax rate is 23 percent, what is the OCF for this project? Multiple Choice $1,194,527 $1,137,645 $1,080,763 $1,194,527 $1,137,645 $1,080,763 $1,296,000 $530,145