You are given the following projections for a project: Units sold per...
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Accounting
You are given the following projections for a project:
| Units sold per year: | 61,798 |
| Price per unit: | $ 5 |
| Variable cost per unit: | $ 2 |
| Fixed costs per year: | $ 13,387 |
| Initial cost of manufacturing equipment: | $ 99,975 |
| Project life (years): | 5 |
| Initial net working capital: | $ 10,915 |
| Tax rate: | 21% |
The cost of manufacturing equipment will be depreciated straight-line to zero over the projects life.
Note: units sold per year, price per unit, variable cost per unit, fixed cost per year remain the same for each year of the project.
What is the operating cash flow (OCF) for year 5 of the project?
Round your answer to 2 decimal places (e.g. 125.74632 = 125.75).
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