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Clemson Software is considering a new project whose data are shown below. The required equipment has a 3-year tax life, after which it will be

image text in transcribed Clemson Software is considering a new project whose data are shown below. The required equipment has a 3-year tax life, after which it will be worthless, and it will be depreciated by the straight-line method over 3 years. Revenues and other operating costs are expected to be constant over the project's 3-year life. What is the project's Year 1 cash flow? Do not round the intermediate calculations and round the final answer to the nearest whole number. $37,858$32,008$29,943$42,333$34,417

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