Consider the following projected accounting information regarding a proposed new project: Year 0 Year 1 Year 2 Year 3 2019 2020 2021 2022 Equipment purchase $70,000 $0 $0 $0 Working Capital (account level) 15,000 12,000 8,000 0 Revenues 80,000 96,000 88,000 Expenses 30,000 36,000 33,000 Depreciation 12,500 12,500 12,500 Profit Before Taxes 37,500 47,500 42,500 Taxes (@ 35%) 13,125 16,625 14,875 Net profit 24,375 30,875 27,625 Calculate the Year 2 cash flow from operations