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 Operating costs (not including depreciation) Depreciation Interest expense $24 million $12 million $4 million $4 million Check My Work The company faces a 25% tax rate. What is the project's operating cash flow for the first year (t = 1)? Enter your answer in dollars. For example, an answer of $1.2 million should be entered as $1,200,000. Round your answer to the nearest dollar. $ 6,700,000 Hide Feedback Incorrect Icon Key Check My Work Question 5 of 7 Conding