XYZ operates indoor tracks. The firm is evaluating the Santa Fe project, which would involve opening a new indoor track in Santa Fe. During year 1, XYZ would have total revenue of $167,000 and total costs of $78,000 if it pursues the Santa Fe project, and the firm would have total revenue of $148,000 and total costs of $72,000 if it does not pursue the Santa Fe project. Depreciation taken by the firm would be $75,500 if the firm pursues the project and $38,500 if the firm does not pursue the project. The tax rate is 40.00%. What is the relevant operating cash flow (OCF) for year 1 of the Santa Fe project that XYZ should use in its NPV analysis of the Santa Fe project?

		$43,000.00 (plus or minus $1)
		$33,400.00 (plus or minus $1)
		$20,400.00 (plus or minus $1)
		$22,600.00 (plus or minus $1)
		None of the above is within $1 of the correct answer