Question: please help me solve this question Project Cash Flow The financial staff of Cairn Communications has identified the following information for the first year of

please help me solve this question Project Cash Flow The financial staffplease help me solve this question

Project Cash Flow The financial staff of Cairn Communications has identified the following information for the first year of the roll-out of its new proposed service: Projected sales $20 million Operating costs (not including depreciation) $8 million Depreciation $5 million Interest expense $3 million The company faces a 25% tax rate. What is the project's operating cash flow for the first year (t - 1)? Enter your answer in dollars. For example, an answer of $1.2 million should be entered as $1,200,000. Round your answer to the nearest dollar. = $

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