Quad Enterprises is considering a new 2-year expansion project that requires an initial fixed asset investment of $2.7 million. The fixed asset will be depreciated straight-line to zero over its 2-year tax life, after which time it will be worthless. The project is estimated to generate $2,400,000 in annual sales, with costs of $960,000. If the tax rate is 21 percent, what is the OCF for this project? Multiple Choice $71,100 $1,492,155 $1,350,045 $1,421,100