Summer Tyme, Inc., is considering a new 4-year expansion project that requires an initial fixed asset investment of $2.808 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 $2,496,000 in annual sales, with costs of $998,400. Required: If the tax rate is 32 percent, what is the OCF for this project? Multiple Choice $1,243,008 $1,305,158 $1,180,858 $1,497,600