D Question 14 4 pts 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, and it will be depreciated by the straight-line method over 3 years. Revenues and other 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) = $75,000 Sales revenues, each year=$80,000 Operating costs (excl. deprec.) = $30,000; Tax rate = 35% O $41,250 $37.730 $48,570 O $39.300 $38,350