QUESTION 8 Andover Engineering is evaluating a project that will increase sales by $2,780,000 and costs by $1,634,000. The project will initially cost $4,200,000 for fixed assets that will be depreciated straight-line to a zero book value over the 10-year life of the project. The applicable tax rate is 34 percent. What is the annual operating cash flow for this project? $899,160 $827,340 $765,430 $693,870 $631,750 0.00