Question: 9. value: 2.00 points Summer Tyme, Inc., is considering a new 4-year expansion project that requires an initial fixed asset investment of $5.940 million. The

9. value: 2.00 points Summer Tyme, Inc., is considering a new 4-year expansion project that requires an initial fixed asset investment of $5.940 million. The fixed asset will be depreciated straight-line to zero over its 4-year tax life, after which time it will be worthless. The project is estimated to generate $5,280,000 in annual sales, with costs of $2,112,000. Required: If the tax rate is 33 percent, what is the OCF for this project? o $2,612,610 O $2.743,241 O $1127610 O $3,168,000 O $2.481,980 References eBook & Resources

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