Exercise $10-8$A $($Algo$)$ Determining the cash flow annuity with income tax considerations LO $10-2$

To open a new store, Zachary Tire Company plans to Invest $$236,000$ in equipment expected to have a four$-$year useful life and no

salvage value. Zachary expects the new store to generate annual cash revenues of $$316,000$ and to Incur annual cash operating

expenses of $$192,000.$ Zachary's average income tax rate is $35$ percent. The company uses straight$-$line depreclation.

Requlred

Determine the expected annual net cash Inflow from operations for each of the first four years after Zachary opens the new store.

Note: Negatlve amounts should be Indlcated by a minus sign.