ABC Company has a proposed project that will generate sales of 483 units annually at a selling price of $273 each. The fixed costs are $5,359 and the variable costs per unit are $45. The project requires $35,027 of equipment that will be depreciated on a straight-line basis to a zero book value over the 10-year life of the project. That is, depreciation each year is $35,027/10. The tax rate is 32 percent. What is the operating cash flow?
Enter your answer rounded off to two decimal points.