An asset in the five-year MACRS property class costs $150,000 and has a zero estimated salvage value after six years of use. The asset will generate annual revenues of $320,000 and will require $80,000 in annual labor and $50,000 in annual material expenses. There are no other revenues and expenses. Assume a tax rate of 40%. Click the icon to view the MACRS depreciation schedules. Click the icon to view the interest factors for discrete compounding when i-12% per year. (a) Compute the after-tax cash flows over the project life. Fill in the table below. (Round to two decimal places.) Period Net After-Tax Cash Flow $thousand $thousand $thousand S thousand