Clemson Software is considering a new project whose data are shown below. The required equipment has a 3-year tax life, after which it will be worthless. Under the new tax law, the equipment is eligible for 100% bonus depreciation, so it will be fully depreciated atto. Revenues and operating costs are expected to be constant over the project's 3-year life. What is the project's Year 1 cash flow? Equipment cost (depreciable basis) $100,000 Sales revenues, each year $60,000 Operating costs $25,000 25.0% O a 528,000 0.534,583 OC 520,000 old. 526,250 OO $35.000 Tax rate