1. Given the information below, calculate the project's Cash Flow from Operations for the first 3 years: Assume the project has a useful life of 3 year Assume the project has no salvage value The project has an initial cost of $800 and will be depreciated over 3 years using the straight line method You expect Revenue to be $600, 8800, and $1,000, respectively, over the next 3 years You expect Variable Costs to be $200, $275, and $350, respectively, over the next 3 years You expect Fixed Costs to be $150, $150, and $150, respectively, over the next 3 years The firm's marginal tax rate is 35% Assume there are no negative taxes and no carry forwards or carry backs