You work for Whittenerg Inc., which is considering a new project whose data are shown below. Under the new tax law, the equipment used in the project is eligible for 100% bonus depreciation, so it will be fully depreciated at t = 0. What is the project's Year 1 cash flow? Sales revenues, each year $67,750 Other operating costs $25,000 Interest expense $8,000 Tax rate 25.0% a. $22,849 b. $32,063 c. $26,149 d. $20,818 e. $30,211