Attempts Keep the Highest/4 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 $25 million Operating costs 20 million Interest expense 1 milion The company has a 25tax rate, and its WACC is 10% Write out your answers completely. For example, 13 million should be entered as 13,000,000 2. What is the project's operating cash row for the first year (t = 1)? Round your answer to the nearest dollar. If this project would cannibalize other projects by 50.5 million of cash flow before taxes per year how would this change your answer to part around your answer to the nearest della The firm's CF would now be $