Rolston Music Company is considering the sale of a new sound board used in recording studios. The new board would sell for $27200 and the company expects to
sell 1570 per year. The company currently sells 2070 units of its existing model per year. If the new model is introduced sales of the existing model will
fall to 1890 units per year. The old board retails for $23100. Variable costs are 57 percent of sales depreciation on the equipment to produce the new board
will be $1520000 per year and fixed costs are $1420000 per year.
If the tax rate is 35 percent what is the annual OCF for the project?