Suppose you are the only owner of a firm, James Smith Co, a sportsware retail company located in Toronto.You are considering adopting a new project that requires $3,000,000 finance with the interest rate of 10% and is expected to generate additional cash flow of $300,000 each year. Assume the corporate tax rate of 40%. In terms of financing, you are to borrow the money from you.Compute the total cash flow per year if the corporate tax of 30% is imposed.