Question: try to show equations Summer Tyme, Inc., is considering a new 3-year expansion project that requires an initial fixed asset investment of $2,150,953. The fixed

try to show equations

Summer Tyme, Inc., is considering a new 3-year expansion project that requires an initial fixed asset investment of $2,150,953. The fixed asset will be depreciated straight-line to zero over its 3-year tax life, after which time it will be worthless. The project is estimated to generate $2,223,954 in annual sales, with costs of $1,600,772. If the tax rate is 0.24, what is the OCF for this project

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