#8 Wright Communications is trying to estimate the first-year operating cash flow for a proposed project. The financial staff has collected the following information: Financial Item: Projected Sales $27.46 million Expenses $15.00 million Depreciation $6.00 million Interest Expense $3.00 million The company faces a 40.00 percent tax rate. What is the project's operating cash flow for year 1? (answer in units of millions) Submit Answer format: Currency: Round to: 2 decimal places