d. $ 9,746 19. As a member of UA Corporation's financial staff, you must estimate the Year 1 cash flow for a proposed project with the following data. What is the Year 1 cash flow? $42,500 Sales revenues, each year Depreciation $10,000 Other operating costs $17,000 Interest expense $4,000 35.0% Tax rate a. $16,351 b. $17,212 c. $18,118 d. $20,075 20. Temple Corp. is considering a new project whose data are shown below. The equipment that would be used has a 3-year tax life, would be depreciated by the straight-line method over its 3. year life, and would have a zero salvage value. No change in net operating working capital would be required. Revenues and other operating costs are expected to be constant over the project's 3. year life. What is the project's NPV? 10.0% Risk-adjusted WACC Net investment cost (depreciable basis) Straight-line depreciation rate $65,000 33.3333% Sales revenues, each year $65,500 Annual operating costs (excl. depreciation) $25,000 Tax rate 35.0% a. $15,740 b. $19,325 c. $17,441 d. $18,359