Create an Excel spreadsheet to organize your answers to the following problem, and submit your Excel file as an attachment by clicking on the appropriate button on this page.

A company is investigating an activity that would generate the following incremental year-end cash flows over the next four years:

Purchase of office building immediately	$230,000
Increase in revenues in years 1-4	$80,000 per year
Reduction of costs in years 1-4	$20,000 per year
Payment of additional taxes in years 2-4	$30,000 per year
Sale of building in year 4	$380,000
Payment of tax when building is sold	$50,000

Prepare a cash flow spreadsheet to summarize this information.