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 fully depreciated at the time of purchase. The financial stalf hins collected the following information on the project: Sales revenues $10 million Operating costs 9 million Interest expense 1 million The compony has a 25% tax rate, and its WACC is 14%. Write out your answers completely. For example, 13 milion should be entered as 13,000,000. a. What is the broiect's operating cash flow for the first year (t=1) ? Round your answer to the nearest dollas. 3 b. If this project would cannibalize other projects by 50.5 million of cash flow before taxes per year, how would thes change your answer to part. a? Round your answer to the nearast destlin The firm's OCF would now be $