Question 11 1 pts DSSS Corporation DSSS Corporation is considering a new project to manufacture widgets. The cost of the manufacturing equipment is $135,000. The cost of shipping and installation is an additional $14,500. The asset will fall into the 3-year MACRS class. The year 1-4 MACRS percentages are 33.33%, 44.45%, 14.81%, and 7.41%, respectively. Sales are expected to be $230,000 per year. Cost of goods sold will be 65% of sales. The project will require an increase in net working capital of $14,500. At the end of three years, DSSS plans on ending the project and selling the manufacturing equipment for $30,000. The marginal tax rate is 35% and DSSS Corporation's appropriate discount rate is 14%. The fixed expenses is $12,000. Refer to DSSS Corporation. What is the operating cash flow for year 1? $67,783 $49,828 $61,965 $52,274