Quad Enterprises is considering a new 2-year expansion project that requires an initial fixed asset investment of $3.51 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 $3,120,000 in annual sales, with costs of $1,248,000 If the tax rate is 23 percent, what is the OCF for this project? Multiple Choice $90,090 $1,937,345 $1,845,090 $1,937,345 $1,845,090 $1,872,000 $1,752.836