( Amount $, in thousands )

Prepare new estimation cash flows, for next 10years. Given that,

- Increase earning 14% every year

- 245,000 add to net income after tax every year

- Rate of return 40% ( $245,000 / $1,000,000 )

- NPV discounted 10% is around $844.00

0 1 to 10 (1,000) YEAR Initial cost Units sold Price/unit Total revenue (-) Cost of goods sold Gross Profit Operating expenses: Depreciation Interest expense Income before tax Tax at 40% Income after tax 100 15 1,500 800 700 100 100 500 200 300