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Question 11 3.34 pts ChexPro Corporation is considering an expansion project that requires an initial fixed asset investment of $2,750,000. The fixed assets will be

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Question 11 3.34 pts ChexPro Corporation is considering an expansion project that requires an initial fixed asset investment of $2,750,000. The fixed assets will be depreciated over 5 years using straight-line (not MACRS) with no residual value. The project will generate annual sales of $3,190,000, cash costs of $2,365,000 (costs DO NOT include depreciation expense) and the tax rate is 25%. What is the annual operating cash flow of the project? $825,000 O $756,250 $725,250 $206,250

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