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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 $16 million Operating costs (not including depreciation) $7 million Depreciation 34 min Interest expense $3 million The company faces a 25% tax rate. What is the project's operating cash now for the first year (t-1) Enter your answer in dollar. For campanar $1.2 million should be entered as $1,200,000. Round your answer to the nearest dollar $ 5500000

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