A firm is considering taking a project that will produce $12 milition of revenue per yeac Cash expenses will be 55 mimion, and. depreclation expenses will be $1 million per year, The project would also rectuce the cash revenues of an existing project by $2 milion What is the free cash flow on the project, per vear, if the firm is in the 40 percent mareinal tax rate? $2.4 million $4,6 million $3,4mili ion $5.0 million