6, A firm has invested $900 in a new machine that is expected to generate cash flows over the next 4 years. The machine will be depreciated on a straight line basis down to zero by the end of its life. The firm projects their annual cash inflows at $500 per year and annual cash outflows at 300 per year. Assuming the tax rate of 33%, determine the firm's cash flow next year.

$______

Place your answer to dollars and cents. Do not include a dollar sign or a comma in your answer.

7, A distributor of computer software instruction manuals plans to expand distribution. Annual sales are currently $230000 and are expected to be $310000 one year from today. Assuming that expenses are 70% of sales each year, what is the cash flow one year from today if the tax rate is 34%? Assume straight line depreciation of $25,000.

$_____

Place your answer to the nearest dollar. Do not include a dollar sign or a comma in your answer.