Winter Tyme, Inc., is considering building a plant to produce snow tires. The project would last 3 years and requires an initial fixed asset investment of $3.834 million. The fixed asset will be depreciated straight-line to zero over its 3-year tax life, after which time it will be worthless. Winter Tyme paid $75,000 for a market analysis which indicates the project will generate $3,408,000 in annual sales, with costs of $1,363,200.

Required:

If the tax rate is 33 percent, what is the OCF for this project?