VR Corporation Has the Opportunity to Invest in a New

Multiple Choice

VR Corporation has the opportunity to invest in a new project,the details of which are shown below.What is the Year 1 cash flow for the project? $$\begin{array} { l r } \text { Sales revenues, each year) } & \$ 42,000 \\\text { Depreciation} & \$10,000\\\text { Other operating costs } & \$ 17,000 \\\text { Interest expense } & \$4,000 \\\text { Tax rate } & 35.0 \%\end{array}$$

A) $16,351
B) $17,212
C) $18,118
D) $19,071
E) $20,075