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A project has the following projected financial data for its first year of operation.
| ITEM | AMOUNT |
| Sales | $500,000 |
| Cost of Goods | $200,000 |
| Other expenses | $100,000 |
| Depreciation | $50,000 |
| Investment in NWC | $20,000 |
| Investment in Gross PPE | $0 |
| Interest Expense | $40,000 |
If the tax rate for the firm is 30%, what is the project cash flow for the first year based on this information?
Question 10 options:
| | $75,000 |
| | $107,000 |
| | $135,000 |
| | $155,000 |
| | $205,000 |
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