Miller Lite,Inc

Miller Lite,Inc.is considering a new four-year expansion project that requires an initial fixed asset investment of $3.6 million.The fixed asset will be depreciated straight-line to zero over its four-year life,after which time it will be worthless.The project is estimated to generate $3.9 million in annual sales,with costs of $2.6 million.If the tax rate is 35 percent,what is the OCF for this project?

A) $1,160,000
B) $997,720
C) $684,280
D) $845,000,000
E) $911,760