Question 8 Not yet answered Quad Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $1.96 million. The fixed asset will be depreciated straight-line to zero over its three-year tax life, after which time it will be worthless. The project is estimated to generate $1.905 million in annual sales, with costs of $485,000. If the tax rate is 21 percent, what is the OCF for this project? Points out of 1.00 P Flag question Select one: O A. $1,121,800 O B. $984,600 O C. $1,259,000 O D. $435,400 E. $814,333