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How do you find the caculation for EBIT in this problem? 24. Your company is considering a new project whose data are shown below. What

How do you find the caculation for EBIT in this problem?
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24. Your company is considering a new project whose data are shown below. What is the project's Year 1 cash flow? Sales revenue, each year Depreciation Other operating costs Tax rate $21,750 $8,000 $12,000 35% Sales - Depreciation - Other operating costs EBIT EBIT(1-T) + Depreciation $21,750 - $8,000 - $12,000 $1,750 $1,138 $8,000 Cash flow, Year 1 $9,138

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