All cash flows are assumed to take place at the end of the year. The salvage value of the imestment at the end of each year is assumed to equal its book value. There would be no salvage value at the end of the investment's fife.

$\backslash$table$[[$Investment Proposal$],[$Year$,\backslash$table$[[$Book$],[$Value$]],\backslash$table$[[$Annual$],[$Cash Flows$]],\backslash$table$[[$Annual$],[$Net Income$]]],[1,$$$69,200,$$$44,600,$$$9,100$