#6 Connect Assignment #6 (Chapters 12 & 13) Due 14 April 2019 0 You are evaluating a project for The Tiff-any golf club, guaranteed to correct that nasty slice. You estimate the sales price of The Tiff any to be $420 per unit and sales volume to be 1,000 units in year 1: 1,500 units in year 2 and 1,325 units in year 3. The project has a 3-year life. Variable costs amount to $235 per unit and fixed costs are $100,000 per year. The project requires an initial inwestment of 5171,000 in assets, which will be depreciated straight-line to zero over the 3-year project life. The actual market value of these assets at the end of year 3 is expected to be $37000. NWC requirements at the begining o points each year will be approximately 30 percent of projected sales during the coming year. The tax rate is 30 percent and the required return on the project is 12 percent What is the operating cash flow for the project in year 2? (Enter your answer as a whole number.) Print Next>