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Quad Enterprises is considering a new 4-year expansion project that requires an initial fixed asset investment of $4.806 million. The fixed asset will be depreciated

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Quad Enterprises is considering a new 4-year expansion project that requires an initial fixed asset investment of $4.806 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 $4,272,000 in annual sales, with costs of $1,708,800. If the tax rate is 25 percent, what is the OCF for this project? Multiple Choice $2,111,636 O $2.222.775 O $1,021,275 O $2,563,200

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