Rock Haven has a proposed project that will generate sales of 2,040 units annually at a selling price of $44 each. The fixed costs are $23,900 and the variable costs per unit are $14.75. The project requires $41,200 of fixed assets that will be depreciated on a straight-line basis to a zero book value over the 4-year life of the project. The salvage value of the fixed assets is $11,300 and the tax rate is 35 percent. What is the operating cash flow?

Multiple Choice

$19,646

$31,182

$26,856

$16,125

$37,671