1-5 Calculate financial net income AFIT and net cash flow AFIT for year 3 only. Your Time 0 investment for a pumping unit is $50,000. An nual gross revenues are $40,000. Direct costs are $5,000 per year. Depreciation for financial net in come is calculated assuming a 5 year life, no salvage value, and the straight line method. Cash income taxes are 40% ofgross revenue. Assume cash taxes for your financial net income model