1. XYZ Corp. expects the following revenues, cash expenses, and depreciation charges in the future:

Year 1 2 3

Revenues $89,000 $106,000 $145,000

Cost of goods sold $38,000 $ 49,000 $53,000

Selling expenses $11,000 $ 13,000 $14,000

Interest expense $21,000 $ 23,000 $24,000

Interest revenue $7,000 $ 9,000 $11,000

Other cash operating expense$10,000 $ 11,000 $12,000

Depreciation $ 9,500 $ 13,500 $15,000

This business is in the 22 percent tax bracket. Please compute the after-tax cash flows from operations for each of the years. After tax operating cash flow for Year 1_____________ Year 2___________Year 3___________