21) Hansel's Outings is considering opening a new wilderness trail for tourists. The trail will require $120,000 in fixed assets such as emergency shelters, rest rooms, and first aid stations plus an additional $40,000 in net working capital. The project is expected to produce tourism revenue of $140,000 annually. The annual cash expenses are projected at $75,001. The assets associated with the project belong in a 25% CCA class. The tax rate is 34%. What is the operating cash ow in the rst year for this project? A) $49,700 B) $53,100 C) $33,000 D) $48,000 E) $50,000