Consider the following financial data for an investment project: Required capital investment at n = 0: $200,000 Project service life: 5 years Salvage value at the end of 5 years: $50,000 Depreciation method for tax purposes: 5-year MACRS Annual revenue: $300,000 Annual O&M expenses (not including depreciation and interest): $180,000 The income tax rate to use: 40% What is the net income at the end of Year 3? (round to the nearest dollar, omit $ and,) What is the net cash flow at the end of Year 3? (round to the nearest dollar, omit $ and,) Hint: These correspond to the following cells on an Income Statement/Cash Flow Statement. Income statement 0 1 Revenue Expenses O&M Depreciation Taxable income Income taxes (40%) Net income Cash flow statement Net income Depreciation Net cash flow 2 3 4 5