Colten Communications is trying to estimate the first-year cash flow (et Year 1) for a proposed project. The assets required for the project were fully deprecated 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 gen 2 million The company has a 25% tax rate, and its WACC is 11% Write out your answers completely. For example, 13 million should be entered as 13,000,000 What is the project's operating cosh Now for the first year (t = 1 Round your answer to the nearese dollat. b. If this project would cannibalize other projects by $0.5 million of cash flow before taves per year, how would this change your one to put a Round your answer to the The firm's OCF would now be 5 dollar