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staff has collected the following information on the project: Sales revenues $20 million Operating costs 18 million Interest expense 3 million The company has a

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staff has collected the following information on the project: Sales revenues $20 million Operating costs 18 million Interest expense 3 million The company has a 25% tax rate, and its WACC is 11%. Write out your answers completely. For example, 13 million should be entered as 13,000,000. a. What is the project's operating cash flow for the first year (t=1) ? Round your answer to the nearest dollar: The firm's OCF would now be $

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