A mining company purchased $5 million in new construction equipment for a new project to begin in the current year. It is expected that the project will yield revenues of $10 million in the first year and increase by 5% until the end of year 5. The related variable costs will be 75% of the revenue generated. The fixed costs will remain at $950,000 per annum. The marginal tax rate is 45% and the required rate of return for this new venture is 15%. Based on the CRA schedule, the mining equipment is eligible for 20% depreciation. A) What is the estimated operating cash flow for this project? B) What is the NPV? C) What is the IRR? D) Should we pursue this project?