Quad Enterprises is considering a new 6-year expansion project that requires an initial fixed asset investment of $1.404 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 $1,248,000 in annual sales, with costs of $499,200. If the tax rate is 23 percent, what is the OCF for this project? Multiple Choice $748,800 $661,916