Fool Proof Software is considering a new project whose data are shown below. The equipment that would be used has a 3 -year tax life., and the allowed depreciation rates for such property are 33.0%,45.0%,15.0%, and 7.0% for Years 1 through 4 . Under the new tax law, the equipment used in the project is eligible for 100% bonus depreciation, so it will be fully depreciated at t= o. Revenues and other operating costs are expected to be constant over the project's 10-year expected life. What is the Year 1 cash flow? Equipment cost Sales revenues, each year Operating costs Tax rate a. $22,409 b. $26,483 c. $48,750 d $22,991 e. $33,177 {:[$55","000],[$90","000],[$25","000],[25.0%]:}