Quad Enterprises is considering a new 5-year expansion project that requires an initial fixed asset investment of $5.724 million. The fixed asset will be depreciated straight-line to zero over its 5 -year tax life, after which time it will be worthless. The project is estimated to generate $5,088,000 in annual sales, with costs of $2,035,200. If the tax rate is 24 percent, what is the OCF for this project? Multiple Choice $3,052,800 $2,465,136 $2,724,624 $1,450,080 $2,594,880