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(Calculating operating cash flows) The Hertage Farm Implement Company is considerng an invesiment that is expocted to generate tevenues of $3,400,000 per year. The project

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(Calculating operating cash flows) The Hertage Farm Implement Company is considerng an invesiment that is expocted to generate tevenues of $3,400,000 per year. The project will also involve annual cash expenses (including both fived and variable costs) of $700,000, whlie increasing depreciation by $380.000 per year. If the firm's tax rate is 38 percent, what is the projects estimated not operating profit afer taxes? What is the project's annual operating cash form? At a tax rate of 38% the project's estimated net operating profit after taxes (NOPAT) is \$ (Round to the nearest dollar.) The project's annual operating cash flow is : (Round to the nearest dollar.)

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