Question 16 1 pts A firm is considering an EXPANSION project. The project will require a $10,000 equipment investment and an additional $1200 in Working Capital. This is a 5 year project, and the firm will depreciate the new equipment at a $2000 per year. The project will result in $4600 per year in additional revenues. Annual operating costs will increase by $300/year. At shutdown, the equipment will have no salvage value. The firm's relevant tax rate is 35% What is the annual incremental operating cash flow (that is, for one year) $600 $4600 $2000 $3.495