2. Problem 12.02 (Project Cash Flow) ebook Colsen Communications is trying to estimate the first-year cash flow (at Year 1) for a proposed project. The assets required for the project were fully depreciated at the time of purchase. The financial staff has collected the following information on the project: Sales revenues $15 Operating costs 12 on Interest expense 3 The company has a 25% tax rate, and its WACC is 13% write out your answers completely. For example, 13 million should be entered as 11,000,000 What is the project's operating cash flow for the first year (t = 177 Round your answer to the nearest dollar 1. If this project would cannibalize other projects by 0.5 million al cash flow before taxes per year, how would this change your answer to parta? Round your answer to the The firm's of woold now be s Grade k Now Save & Continue Continue without saving