Well.ltd is assessing risk of a project having an estimatedlife of 8 years and the project is expected to provide annual sales of $390,000 and annual costs of $277,000. Investmentin equipment is estimated at$700,000, which will be depreciated on a straight-line method over the life of the project. The company believes that both sales and costs are accurate to +/-10 percent. The tax rate is 30 percent. Estimate the annual operating cash flow for the best-case scenario?