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eBook Project Cash Flow The financial staff of Cairn Communications has identified the following information for the first year of the roll-out of its new

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eBook Project Cash Flow The financial staff of Cairn Communications has identified the following information for the first year of the roll-out of its new proposed service: Projected sales $ 22 million $ 9 million $ 5 million $ 3 million Operating costs (not including depreciation) Depreciation Interest expense The company faces a 25% tax rate. What is the project's cash Now for the first year (t - 1)? Enter your answer in dollars. For example, an answer or $1.2 million should be entered as $1,200,000, Round your answer to the nearest dollar 8750000 $

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