Your answer: Question 19 (CHAPTER 10) A company is considering an investment project that requires paying $200,000 for production equipment. This equipment falls into the 5-year property class under MACRS. The project is estimated to generate $70,000 in annual sales revenues and require spending $20,000 annually to cover production costs. The company faces a 35% tax rate. Year Seven-Year 1 Property Class Three-Year Five-Year 33.33% 20.00% 44.44 32.00 14.82 19.20 7.41 11.52 11.52 5.76 14.29% 24.49 17.49 12.49 8.93 8.93 8.93 4.45 6 7 8 (Increase decimal places for any intermediate calculations, from the default 2 to 6 or higher Only round your final answer to TWO decimal places: for example, 10,000.23.) Based on the above, what is the Operating Cash Flow in the 3rd year? (a) $63,608.00 (b) $55,833.33 (c) $54,900.00 (d) $46,500.00 (e) $45,940.00 (f) $42,874.00