Chapter 11. Afrm is considering taking a project that will produce $13 million of revenue per year.Cash expenses will be 55 million and depreciation expenses will be $1 million per year. If the firm takes that project, then it will reduce the cash revenues of an existing project by $1 million. What is the free cash flow on the project, per year, if the firm is in the 35 percent marginal tax rate? $4.9 million $2.8 million $3.4 million 54.6 million