A store will cost $1,000,000 to open. Variable costs will be 42% of sales and fixed costs are $230,000 per year. The investment costs will be depreciated straight-line over the 12 year life of the store to a salvage value of zero. The opportunity cost of capital is 11% and the tax rate is 25%.

Find the operating cash flow each year if sales revenue is $700,000 per year.