An enterpise is evaluating a project that will increase sales by $$502,000$ and costs by $$280,000.$ The project will initially cost $$1,782,000$ for fixed assets that will be depreciated straight$-$line to a zero book value over the $10-$year life of the project. The annual net working capital required is $10$ percent of sales. The applicable tax rate is $25$ percent. What is the annual operating cash flow for this project?

$$218,550$

$$203,550$

$$211,050$

$$226,050$

$$196,050$