Please help with answers for A and B. Excel format and please no handwriting as it is hard to read

Cairn Communications is trying to estimate the first-year cash flow for a proposed project. The financial staff has collected the following information on the project: The company faces a 30% tax rate, and itis cost of capital is 11%. a. What is the project's operating cash flow for the first year? b. If the proposed project would cannibalize other projects by $1.5 million of cash flow before taxes per year, how would this change your answer on the project's operating cash flow for the first year