Your regional company is planning a $1.23 million expansion to its current facility, they spent $500,000 two years ago for a feasibility study on the expansion. This $1.23 million expansion will be depreciated on a straight-line basis to zero over a 20-year period. The expanded area is expected to generate $524,000 in additional annual sales. They estimate the annual interest expense to be $118000. Variable costs are 48 percent of sales. The annual fixed costs are $79400 and the tax rate is 35 percent. A) What is the annual depreciation expense? B) What is project EBIT C) What is the annual operating cash flow (OCF) of this project? D) What is initial project investment outlay (the projects cash flow at t zero), please do not repeat the previous answers, as it contain too many mistakes