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Questic , 2 6 4 . 5 pts Sandy, Inc, is considering a new three - year expansion project that requires an initial fixed asset

Questic ,26
4.5 pts
Sandy, Inc, is considering a new three-year expansion project that requires an initial fixed asset investment of $2.7 million. The fixed asset will be depreciated straight-line to zero over its three-year life, after which time it will be worthless. The project is estimated to generate $2,080,000 in annual sales, with costs of $500,000. Given the tax rate of 30 percent, the operating cash flow (OCF) of this project is $ (Round your answer to the nearest whole number.)
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