Question $3$

$1pts$

Summer Tyme, Inc., is considering a new $3-$year expansion project that requires an initial fixed asset investment of $$1,828,969.$ The fixed asset will be depreciated straight$-$line to zero over its $3-$year tax life, after which time it will be worthless. The project is estimated to generate $$2,390,109$ in annual sales, with costs of $$1,771,043.$ If the tax rate is $0\mathrm{.}33,$ what is the OCF for this project?