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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 $$20$ million

Operating costs $18$ million

Interest expense $2$ 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 cash flow for the first year $($t $=1)?$ Round your answer to the nearest dollar.

$

If this project would cannibalize other projects by $$1\mathrm{.}5$ million of cash flow before taxes per year, how would this change your answer to part a$?$ Round your answer to the nearest dollar.

The firm's OCF would now be $

$.$