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A firm is cansidering taking a project that will produce $14.5 million of revenue per year, Cash expenses will be $7.5 million, and depreciation expenses

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A firm is cansidering taking a project that will produce $14.5 million of revenue per year, Cash expenses will be $7.5 million, and depreciation expenses will be $2 million per year. If the firm takes that project, then it will reduce the cash revenues of an eelsting project by $1.5 million. What is the free cash flow on the project, per year, if the firm is in the 40 percent marginal tax rate? \$3.8 milisen 34. 1 milion 14.9 nition 34.7 milion

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