A business expects the following revenues, cash expenses, and depreciation charges in the future:

Year 1 2

Revenues $98,000 $106,000

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

Selling expenses $11,000 $ 13,000

Other cash operating expenses $10,000 $ 11,000

Depreciation $ 9,500 $ 13,500

This business is in the 20 percent tax bracket. Please compute the after-tax cash flows from operations for this investment for each of the years.

After tax operating cash flow for Year 1_____________ Year 2____________