A firm is looking at a $5-$year project that will require $$64,000$ in fixed assets and another $$20,000$ in net working capital. Annual sales are projected at $$93,000$ with costs of $$42,000.$ The company uses straight$-$line depreciation to a book value of zero over the life of the project. The tax rate is $22$ percent. What is the annual operating cash flow $($OCF$)$ for this project?

Multiple Choice

$$53,816$

$$42,596$

$$49,764$

$$73,816$

$$62,596$