Colsen Communications is trying to estimate the firstyear 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 staff has collected the following information on the project Sales revenues $20 million Operating costs 16 million Interest expense 3 million The company has a 25% tax rate, and its WACC is 12% Write out your answers completelyFor example, 13 million should be entered as 13,000,000 aWhat is the project's operating cash flow for the first year (t=1)? Round your answer to the nearest dollar If this project would cannibalize other projects by $ 1 million of cash flow before taxes per yearhow would this change your answer to part a? Round your answer to the nearest dollar The firm's OCF would now be