Colsen Communications is trying to estimate the first-year cash flow (at Year 1) for a proposed project. The assets required for the project were to do purchase. The financial staff has collected the following information on the project: Sales revenues $15 million Operating costs 13.5 million Interest expense 2 million The company has a 25% tax rate, and its WACC IS 14% . Write out your answers completely. For example, 13 million should be entered as 13,000,000. a. What is the project's operating cash flow for the list year (t = 1)? Round your answer to the nearest dollar. b. If this project would cannibalize other projects by $0.5 million of cash flow before taxes per year how would this change your and your The firm's OCF would now be s nearest dollar