Colson Communication is trying to estimate the first-year cash flow (at year 1% for a proposed project. The financial staff has collected the following information on the project Sales revenues $20 million Operating costs (excluding depreciation 14 milion Depreciation 4 milion Interest exponse 4 milion The company ha 40% tax rate and its WACC 12 Write out your answers completely. For example, 33 milion should be entered as 3.000.000 . What is the projects cash flow for the first year (t) Round your answer to the nearest do b. If the project would cannibalize other projects by 12 mition of cash flow before as per you how would this change your answer to part Found your answer to the nearest dollar The firm's projects cash flow would now bet cigare part in the tax rate dropped to 35%, how would that change your answer to partRound your answer to the nearest dollar The firm's project's cash flow would -Select try