Olsen Communications is trying to estimate the first-year cash flow (at Year 1) for a proposed project. The financial staff has collected the following formation on the project Sales revenues $10 million Operating costs (excluding deprecaton) 7 milion Depreciation 2 million Interest expense 2 million The company has a 40% tax rate, and its WACC IS 13% Write out your answers completely. For example, 13 million should be entered as 13,000,000 What is the projecte cash flow for the first year (t - 17 Round your answer to the nearest dollar $ 6. If this moet would cannibake other projects by $1 million of cash low before taxes per year how would this change your awer to part 2 Round your answer to the nearest dollar The firm's project's cash Row would now be s c. Tontoreport. If the terrate dropped to 30% bow would that change your answerto para Round your answer to the nearest coller The firm's project's cash flow would -Select by s