Mirr, inc. was incorporated on january 1, 2010, with proceeds from the issuance of $750,000 in stock and borrowed funds of $110,000. during the first year of operations, revenues from sales and consulting amounted to $82,000, and operating costs and expenses totaled $64,000. on december 15, mirr declared a $3,000 cash dividend, payable to stockholders on january 15, 2011. no additional activities affected owners' equity in 2010. mirr's liabilities increased to $120,000 by december 31, 2010. on mirr's december 31, 2010, balance sheet, total assets should be reported at

Rolston music company is considering the sale of a new sound board used in recording studios. the new board would sell for $27,200, and the company expects to sell 1,570 per year. the company currently sells 2,070 units of its existing model per year. if the new model is introduced, sales of the existing model will fall to 1,890 units per year. the old board retails for $23,100. variable costs are 57 percent of sales, depreciation on the equipment to produce the new board will be $1,520,000 per year, and fixed costs are $1,420,000 per year.if the tax rate is 35 percent, what is the annual ocf for the project?