Reliable Software is considering a new project whose data are shown below. The equipment that would be used has a 3-year tax life, and the MACRS rates for such property are 33%, 45%, 15%, and 7% for Years 1 through 4.Revenues and other operating costs are expected to be constant over the project's 10-year life.What is the project's operating cash flow duringYear 1?

Equipment cost $75000

MARCS years 1-4 33% 45% 15% 7%

Sales 60%

Operating cost $25000

Tax rate 35%