Question: answer may not be listed Trae's ice Cubes is considering a new three-year expansion project. The initial fixed asset investment will be $1.80 million and

answer may not be listed answer may not be listed Trae's ice Cubes is considering a new

Trae's ice Cubes is considering a new three-year expansion project. The initial fixed asset investment will be $1.80 million and the fixed assets will be depreciated straight-line to zero over its three-year tax life, after which time the assets will be worthless. The annual sales of the project is estimated to be $1,005,000, with costs of $485,000. What is the OCF for this project, if the tax rate is 21 percent? (Oo not round intermediate calcutations.) Mutipie Choice 5812.246 $544,200 $616,150 $746,150

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