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The financial staff of Cairn Communications has identified the following information for the first year of the roll - out of its new proposed service:

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
$14.1 million
Operating costs (not including depreciation) $9.1 million
Depreciation
$4.7 million
Interest expense
$4.2 million
The company faces a 25% tax rate.
Determine the project's cash flow for the current year.
Do not enter any symbols.
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