ABC, Inc. is considering a new project requiring a $$210,000$ initial investment in equipment having a useful life of $3$ years with zero expected salvage value. The investment will produce $$160,000$ in annual revenues and $$120,000$ in annual costs. Assume a tax rate of $30\%$ and straight$-$line depreciation. What is the operating cash flow per year?

$$19,000$

$$49,000$

$$77,000$

$$61,000$

$$98,000$