(Calculating operating cash flows) The Heritage Farm Implement Company is considering an investment that is expected to generate revenues of $3,300,000 per year. The project will also involve annual cash expenses (including both fixed and variable costs) of $700,000, while increasing depreciation by $390,000 per year. If the firm's tax rate is 33 percent, what is the project's estimated net operating profit after taxes? What is the project's annual operating cash flow? At a tax rate of 33%, the project's estimated net operating profit after taxes (NOPAT) is $ (Round to the nearest dollar.) Get more help Clear all Check