Year 1 2 3 4 Revenues $67,443 40,000 20,000 10,000 Thereafter O Expenses are expected to be 50% of revenues, ar is expected to be 20% of revenues in the followin immediate investment of $40,000 in plant and eq the straight-line method over 5 years. The firm re estimate the revenues of the new product. The t cash flow in year 1? Answer to nearest whole do Expenses are expected to be 50% of revenues, and working capital required in each year is expected to be 20% of revenues in the following year. The product requires an immediate investment of $40,000 in plant and equipment that will be depreciated using the straight-line method over 5 years. The firm recently spent $2,000 on a study to estimate the revenues of the new product. The tax rate is 20%. What is the operating cash flow in year 1? Answer to nearest whole dollar amount