2. You realize that starting your own business after graduation may be the best way. You are about to open and operate a fitness center and find that an abandoned warehouse can meet your needs. The annual rent of the warehouse is 48,000 yuan, which is paid at the end of each year. You estimate that you need to invest 150,000 yuan to transform and purchase some fitness equipment (residual value is zero). According to your survey, you estimate that there are 500 potential members and the annual membership fee is 500 yuan/person. You also need to hire 5 coaches, and the per capita annual salary is 24,000 yuan. If the project becomes profitable and the tax rate is 40%, it is assumed that the straight-line method is used for depreciation and the project period is 10 years.

requirement :

The net operating cash flow of the project?