Question $1(1$ point$)$

A project has a $4-$year life and an initial investment of $$47,200\mathrm{.}00$ in equipment. The equipment will be depreciated straight$-$line to zero over $4$ years. Fixed costs are $$24,000\mathrm{.}00.$ Variable costs are $$3\mathrm{.}29$ per unit. Sales are estimated at $20,000\mathrm{.}00$ units at an average price of $$5\mathrm{.}99.$ The estimated ranges $(+/-)$ of each variable are: sales quantity $4\mathrm{.}00\%$; sales price $6\mathrm{.}00\%$; variable cost $5\mathrm{.}00\%$; and fixed costs $3\mathrm{.}00\%.$ The tax rate is $35\mathrm{.}00\%.$ Under the worst$-$case scenario, what is the operating cash flow?

$$15,220$b$)$ $$32,585$c$)$ $$23,630$d$)$$$43,235$e$)$ $$11,415$