Chris' Cupboards is looking at a project that will require $75.,000 in fixed assets and another $20,000 in net working capital. The project is expected to produce sales of $125,000 with associated costs of $70,000. The project has a 4-year life. The project belongs in a 50% CCA class, and the tax rate is 35%. What is the operating cash flow in the first year for this project?