Stellar Plastics is analyzing a proposed project. The company expects to sell 12,000 units, give or take 3 percent. The expected variable cost per unit is $7.00 and the expected fixed cost is $36,000. The fixed and variable cost estimates are considered accurate within a plus or minus 5 percent range. The depreciation expense is $31,000. The tax rate is 34 percent. The sale price is estimated at $15.00 a unit, give or take 3 percent. What is the operating cash flow for a sensitivity analysis using total fixed costs of $32,000?

$17,780.00

$21,780.00

$52,780.00

$33,000.00

$64,000.00