Quad Enterprises is considering a new $6-$year expansion project that requires

an initial fixed asset investment of $$3\mathrm{.}888$ million. The fixed asset will be

depreciated straight$-$line to zero over its $6-$year tax life, after which time it will

be worthless. The project is estimated to generate $$3,456,000$ in annual sales,

with costs of $$1,382,400.$

If the tax rate is $22$ percent, what is the OCF for this project?

Multiple Choice

$$1,847,966$

$$2,073,600$

$$1,759,968$

$$1,111,968$

$$1,671,970$