In its fourth year, a project is expected to generate earnings before interest, taxes, depreciation, and amortization of $123, 884 and its depreciation and amortization expense is expected to be $25, 252. If the company's tax rate is 35%, what is the project's expected net operating profit after taxes for the year? 1) $71, 720 2) $64, 111 3) $73, 321 4) $68, 212 5) $77, 738