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Quad Enterprises is considering a new 6-year expansion project that requires an initial fixed asset investment of $1.728 million. The fixed asset will be depreciated

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Quad Enterprises is considering a new 6-year expansion project that requires an initial fixed asset investment of $1.728 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 $1,536,000 in annual sales, with costs of $614,400. If the tax rate is 22 percent, what is the OCF for this project? Multiple Choice O $743,098 $782,208 o $494,208 $821,318 0 $921,600

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