The equipment that would be used has a 3-year tax life and a zero book value at the end of the project. The firm uses straight-line depreciation method. Revenues and operating costs are expected to be constant over the project's 3-year expected life. What is the Year 1 cash flow? Keep the - sign if it's a negative cash flow number. Round to the whole dollar. Equipment cost $165,000 Sales revenues, each year $90,000 Operating costs (excl. depr.) $25,000 Tax rate 25.0%