A company during year$-1$ has the following: gross income is $$36$M$,$ $$1$M asset depreciation, total annual operating cost of $$25$M$.$ What is the cash inflow during the year. Assume IRS corporate tax rates. $4$M $5\mathrm{.}5$M $7\mathrm{.}5$M $8$M

the answere is $7\mathrm{.}5$M but I need to explain that