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Question 19 1 pts Apple Inc. is considering taking a project that will produce $12 million of revenue per year. Cash expenses will be $5 million, and depreciation expenses will be $1.75 million per year. If the firm takes that project, then it will reduce the cash revenues of an existing project by $3 million. What is the free cash flow on the project, per year, If the firm is in the 28 percent marginal tax rate? O $3.1 million $3.01 million $2.96 million O $3.37 million 1 pts Question 20