As assistant to the CFO of Boulder Inc., you must estimate the Year 1 cash flow for a project with the following data. Under the new tax law, the equipment used in the project is eligible for 100% bonus depreciation, so it will be fully depreciated at t = 0. What is the Year 1 cash flow? Do not round the intermediate calculations and round the final answer to the nearest whole number. Sales revenues $11,300 Operating costs $4,000 Tax rate 25.0% a. $9,125 b. $7,300 c. $5,475 d. $4,475 e. $5,840