Question: HELP ASAP PLEASE A firm is considering taking a project that will produce $12 million of revenue per year. Cash expenses will be $5 million,

HELP ASAP PLEASE

A firm is considering taking a project that will produce $12 million of revenue per year. Cash expenses will be $5 million, and depreciation expenses will be $1 million per year. If the firm takes that project, then it will reduce the cash revenues of an existing project by $3 million. What is the free cash flow on the project, per year, if the firm uses a 40 percent marginal tax rate? O $4.6 million none of these $3.4 million $2.8 million O $2.4 million

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