Assume a capital budgeting project will generate new sales revenue of $300,000 each year for 9 years. The capital assets will cost $800,000 and will be depreciated using straight line depreciation with a 5 year depreciable life. Annual project operating costs are $120,000, and the corporate income tax rate is 21%. Assume no impact on net working capital. Estimate the project cash flow for Year 2 $15,800 $135,800 $20,000 $175,800