Brian owns a tanning salon that is expected to produce annual cash flows forever. The tanning salon is worth $636,600.00 and the cost of capital is 6.40%. Annual cash flows are expected with the first one due in one year and all subsequent ones growing annually by 2.30%. What is the amount of the annual cash flow produced by the tanning salon in 1 year expected to be?

		$55,384.20 (plus or minus $10)
		$26,100.60 (plus or minus $10)
		$155,268.29 (plus or minus $10)
		$15,526,829.27 (plus or minus $10)