10 points Question 13 Save Answer Fool Proof Software is considering a new project whose data are shown below. The equipment that would be used as a 3.year tax life, and the allowed depreciation rates for such property are 33%, 45%, 15%, and 7% for Years 1 through 4. Revenues and other operating costs are expected to be constant over the project's 10-year expected life. What is the Year 1 cash flow! $63,000 Equipment cost (depreciable basis) $60,000 Sales revenues, cach year $25,000 Operating costs (excl. depr.) 35.0% Tax rate O a $30,027 b. $28,525 OC. $30,627 Od. $36,933 Oo. $29,726