Woodard Pools is evaluating a project which will increase annual sales by $55,000 and costs by $20,000. The project has an initial asset cost of $150,000 that will be depreciated straight-line to a zero book value over the 5-year lite of the project. Ignore bonus depreciation. The applicable tax rate is 21 percent. What is the annual operating cash ow for this project? 0 $35,500 0 $47,900 0 $33,950 0 $31,350