Quad Enterprises is considering a new 4-year expansion project that requires an initial fixed asset investment of $6.102 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 $5,424,000 in annual sales, with costs of $2,169,600. If the tax rate is 24 percent, what is the OCF for this project? Multiple Choice $1,313,964 $2,697,491 $3,254,400 $2,839,464 $2,981,437