Click here to read the books Analysis of an Expansion Project PROJECT CASH FLOW Colsen Communication is trying to estimate the first-year cash flow (at Yeart) for a proposed project. The financial staff has collected the following information on the project Sales revenues $10 million Operating costs (excluding depreciation) 7 million Depreciation 2 million Interest expens 2 million The company has a 40% tax rate, and its WACC I 14% Write out your answer completely. For example, 13 million should be entered 13,000,000 3. What is the project's cash flow for the first year (1) Round your answer to the nearest dollar This project would cannibalet other projects by $1 million of cash flow before tres per year how would this change your parta Round your enter the cost du The firm's project's cash flow would now be c: Ignore it if the tax rate dropped to 30 how would that change your ane te arta Hound your answer to the nearest della Tham's proyect's cash flow would by