What is the expected operating cash flow for year 2 of a project given the following information. To undertake the project, $310,000 must be spent on new equipment. The equipment has an expected life of 8 years and will be depreciated straight-line over that same period to a book value of 0. New annual sales of $194,000 are expected (expected sales are the same each year). Cost of goods sold are projected to be 48% of sales. Fixed cash operating expenses are $60,000 per year. Tax rate is 30%. In the event EBIT is negative, the firm would have a tax credit based on the 30% tax rate. a. 40241.00 @ b. 33802.44 c. 31387.98 O d. 35412.08 e. 39853.50 f. 29778.34