Quad Enterprises is considering a new 5-year expansion project that requires an initial fixed asset investment of $1.512 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 $1,344,000 in annual sales, with costs of $537,600.

If the tax rate is 25 percent, what is the OCF for this project?