You work for the Sing Oil Company, which is considering a new project whose data are shown below. What is the project's operating cash flow for Year 1? Sales revenues, each year $55,000 Depreciation $8,000 Other operating costs $25,000 Interest expense $8,000 Tax rate 35.0% a. $21,185 b. $22,300 c. $23,415 d. $24,586 e. $25,815