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 staff has collected the following information on the project: Sales revenues $25 million Operating costs 20 million Interest expense 3 milion The company has a 25% tax rate, and its WACC is 10%. Write out your answers cempletely, For example, 13 million should be entered as 13,000,000. a. What is the orolect's operatiog cash flow for the first year (t=1) ? Round your answer to the nearest dollar. s b. If this project would cannibalize other projects by $0.5 million of cash flow before taxes per yea, how would this change your answer to part a? Round your answer to the nearest dollar: The firm's OCF would now be s