Summer Tyme, Inc., is considering a new $2-$year expansion project that requires an initial fixed asset investment of $$1\mathrm{.}296$ million. The fixed asset will be depreciated straight$-$line to zero over its $2-$year tax life, after which time it will be worthless. The project is estimated to generate $$1,152,000$ in annual sales, with costs of $$460,800.$

Required:

If the tax rate is $31$ percent, what is the OCF for this project?