The financial staff of Cairn Communications has identified the following information for the first year of the roll-out of its new proposed service: Projected sales Operating costs (not including depreciation) $24 millic Depreciation $9 millio Interest expense $5 millio $5 millio The company faces a 25% tax rate. What is the project's operating cash flow for the first year (t=1) ? Enter your answer in dollars. For example, an answer of $1.2 million should be entered as $1,200,000. Round your answer to the nearest dollar. 5