Back to Assignment Attempts Keep the Highest / 1 13. Problem 11-02 (Project Cash Flow) ebook Project Cash Flow The financial staff of Cairn Communications has identified the follewing information for the first year of the roll-out of its new proposed service: Projected sales Operating costs (not including depreciation) Depreciation $20 million $7 million $4 million $3 million Interest expense The company faces a 25% tax rate. What is the project's operating cash flow for the first year (t = 1)? Enter your answer in dollars. For example, an answer of $1.2 million should be entered as $1,200,000. Round your answer to the nearest delar $ Grade It Now Save & Continue Continue without saving