Hobart Industries is trying to estimate its first-year operating cash flow (at t = 1) for a proposed project. The financial staff has collected the following Projected sales operating costs Depreciation Interest expense $3,000,000 1,200,000 450,000 330,000 The company faces a 40% tax rate, what is the project's operating cash flow for the first year (t -1)? $810,000 O $1,080,00o o $1,500,000 $1,800,000 o $1,260,000