Wilson, Inc., is considering a new four-year expansion project that requires an initial fixed asset investment of $1,875,000. The fixed asset will be depreciated straight-line to zero over its four-year tax life, after which time it will be worthless. The project is estimated to generate $2,040,000 in annual sales, with costs of $1,235,000. If the tax rate is 35%, and the required return on the project is 12%, what is the Operating Cash Flow (OCF) for this project?

$688,235.75

$992,000

$668,324.50

$687,312.50

$523,250