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Summer Tyme, Inc., is considering a new 2-year expansion project that requires an initial fixed asset investment of $6.156 million. The fixed asset will be

Summer Tyme, Inc., is considering a new 2-year expansion project that requires an initial fixed asset investment of $6.156 million. The fixed asset will be depreciated straight-line to zero over 2 years, after which time it will be worthless and hauled away for an after-tax cash flow of $0. Each year, the project is estimated to generate $5,472,000 in annual sales, with annual costs of $2,188,800. If the tax rate is 33 percent, the OCF for this project in each year is expected to be $

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