Woodard Pools is evaluating a project which will increase annual sales by $$50,000$ and costs by $$30,000.$ The project has an initial asset cost of $$150,000$ that will be depreciated straight$-$line to a zero book value over the $10-$year life of the project. Ignore bonus depreciation. The applicable tax rate is $25$ percent. What is the annual operating cash flow for this project?

Multiple Choice

$$21,350$

$$19,250$

$$15,500$

$$17,900$