Question: 4. value: 10.00 points Quad Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $2.67 million. The fixed

4. value: 10.00 points Quad Enterprises is considering a new three-year

4. value: 10.00 points Quad Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $2.67 million. The fixed asset will be depreciated straight-line to zero over its three-year tax! life, after which time it will be worthless. The project is estimated to generate $2.070,000 in annual sales. with costs of $765.000. If the tax rate is 34 percent what is the OCF for this project? Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars, e.g. 1.234.567 ) OCF Hints References eBook & Resources Hint #1 Check my work

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