A firm is considering a project that will require $30,000 in net working capital and $94,000 in fixed assets. The project is expected to produce annual sales of $75,000 with associated costs of $46,000. The project has a 5 -year life. The company uses straight-line depreciation to a zero-book value over the life of the project. The tax rate is 35 percent. What is the operating cash flow each year for this project