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The financial staff of Calm Communications has identified the following information for the first year of the rollout of its new proposed service. Projected sales

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The financial staff of Calm Communications has identified the following information for the first year of the rollout of its new proposed service. Projected sales $18 million Operating costs (not including depreciation) $ 4 million Depreciation $ 4 million Interest Expense $ 3 million The company faces a 40% tax rate. What is the project's operating cash flow for the first year (t = 1)? $9,000,000 O $5,000,000 O $10,000,000 $4,000,000 O $7,000,000

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