Question 14 A firm is considering taking a project that will produce $14.5 million of revenue per year. Cash expenses will be $7.5 million, and depreciation expenses will be $2 million per year. If the firm takes that project, then it will reduce the cash revenues of an existing project by $1.5 million. What is the free cash flow on the project, per year, if the firm is in the 40 percent marginal tax rate? $3.8 million O 14.1 million $4.9 million $4.7 million 1 pts Previous Next