The Intermax approved a 8-year project that requires an initial investment of $24 million for the equipment and working capital of $4 million. The project will generate the following figures for each year during the life of the project: Sales of $50 million, Operating Expenses of $2 million and Depreciation and Amortization charges of $3 million. The firm uses straight-line depreciation and sets the book value of the equipment at the final year to be zero, but the market value of the equipment is expected to be $1 million at the end of the project. The marginal tax rate for Intermax is 10%. What is the Free Cash Flow of the project in year 8 (the final year of the project/? $43.56 milion O $40.50 million $45.50 million $48.40 million $50.34 million