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Calsen Communications is trying to estimate the first-year cash flow (at Year 1) for a proposed project. The assets required for the project were fusy depreclated at the time of purchase. The financial staff has collected the following information on the project: Sales revenues 515 million Operating costs 12 million Interest expense 3 million The company has a 2546 tax rate, and its WACC is 14%. Write out your answers completely. For example, 13 million should be entered as 13,000,000, a. What is the nealect's operating cash flow for the first year (t=1) ? Round your answer to the nearest dollar. b. If this project would cannibalize other projects by $0.5 million of cash flow before taxes per year, how would this change your answer to part a? Round your answer to the nearest dollar. The firm's ocF would now be $ Calsen Communications is trying to estimate the first-year cash flow (at Year 1) for a proposed project. The assets required for the project were fusy depreclated at the time of purchase. The financial staff has collected the following information on the project: Sales revenues 515 million Operating costs 12 million Interest expense 3 million The company has a 2546 tax rate, and its WACC is 14%. Write out your answers completely. For example, 13 million should be entered as 13,000,000, a. What is the nealect's operating cash flow for the first year (t=1) ? Round your answer to the nearest dollar. b. If this project would cannibalize other projects by $0.5 million of cash flow before taxes per year, how would this change your answer to part a? Round your answer to the nearest dollar. The firm's ocF would now be $

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