Summer Tyme, Inc., is considering a new 4-year expansion project that requires an initial fixed asset investment of $4.644 million. The fixed asset will be depreciated straight-line to zero over its 4-year tax life, after which time it will be worthless. The project is estimated to generate $4,128,000 in annual sales, with costs of $1,651,200.

Required:

If the tax rate is 35 percent, what is the OCF for this project?