A project costs $10 million upfront and will be depreciated evenly over its first 5 years. In the best-case scenario, it will generate annual sales of 30,000 units for a price per unit of $200. The most optimistic cost forecast is $50 per unit sold and $1 million in annual fixed costs. At a tax rate of 21%, what is the best-case scenario for operating cash flows in year 1? Multiple Choice $3,500,000 $2,765,000 $3,185,000 $4,765,000