A cost-cutting project will decrease costs by $37,500 a year. The annual depreciation on the project’s fixed assets will be $7,200 and the tax rate…

A cost-cutting project will decrease costs by $37,500 a year. The annual depreciation on the project’s fixed assets will be $7,200 and the tax rate is 35 percent. What is the amount of the change in the firm’s operating cash flow resulting from this project?