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Colsen Communications is trying to estimate the first-year cash flow (at Year 1) for a propased project. The assets required for the project were fully

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Colsen Communications is trying to estimate the first-year cash flow (at Year 1) for a propased project. The assets required for the project were fully depreciated at the time of purchase. The financial statf has collected the following information on the project: Thecompanyhasa25%taxrate,anditswacCis11%.Operatingcosts22.5millionInterestexpense1millionSalesrevenues525million Write out your answers completely. For example, 13 mition should be entered as 13,000,000. a. What is the orolect's operating cash flaw for the first year (t=1)7 Round your answer to the nearest dollar. 5 b. If this project would cannibsize other projects by $1.5 mallion of cash flaw before taxes per year, how would this change your answer to part a? Round your answer to the nearest dollar. The fim's ocF would now be 5

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