For questions #$\text{'}$s $31-35,$ assume the following information $($which is repeated in each question$)$:

$$ CC obtains a mortgage loan for The Westerly in the amount of is $$180,000,000.$

$$ The total first year interest is $$10,500,000,$ and the total first year principal payment is $$4,500,000.$

Assume zero points are paid on the loan.

$$ For the loan, The Westerly's value is estimated to be $$300,000,000.$

$$ The Westerly's NOl before reserves is $$21,000,000.$

$$ Reserves are $$500,000.$

$$ Annual depreciation is $$8,500,000.$

Using. your answer to question #$31$ and to question #$34,$ what is CC$\text{'}$s cash flow after debt and after taxes for the year?

$$ $$4,760,000$

$$ $$3,450,000$

$$ $$9,260,000$

$$ $$7,535,000$