T Software is considering a new project whose data are shown below. The required equipment has a 5-year tax life, after which it will be worthless, and it will be depreciated by the straight-line method over 5 years. Revenues and other operating costs are expected to be constant over the project's 5-year life. What is the project's Year 1 cash flow? (2 points) Equipment cost (depreciable basis) $150,000 Straight-line depreciation rate 20% Sales revenues, each year $60,000 Operating costs (excl. depr.) $25,000 Interest expense $10,000 Tax rate 20.0%