A company is consider a 3-year expansion project. It will require an investment of $5 million in fixed assets, which will be depreciated straight line to 0 over a three year life. The fixed assets are worth $0 at the end of three years. The project will generate $3 million in annual sales. Annual costs will be $2 million. The tax rate is 35%. What is the project's annual cash flow? O $1.22 million $1.88 million $2.51 million $5.48 million