A company is considering a new project whose data are shown below. The equipment that would be twed has a 3-year tax life. Under the new tax law, the used in the project is eligible for 100% bonus depreciation, so it will be fully depreciated att 0 Revemes and operating costs are expected to be consta project's 10-year expected life. What is the Year 1 cash flow? Equipment cost Sales revenues, each year Operating costs (excl. depr.) Tax rate $55,000 $90,000 $25,000 25.0% Select one: a. $22,991 b. 548,750 c. $22,409 d. $33,177 e. $26,483