Exercise 10-8A (Algo) Determining the cash flow annuity with income tax considerations LO 102 To open a new store, Munoz Tire Company plans to invest $371,000 in equipment expected to have a seven-year useful life and no salvage value. Munoz expects the new store to generate annual cash revenues of $325,000 and to incur annual cash operating expenses of $187,000. Munoz's average income tax rate is 35 percent. The company uses straight-line depreciation. Required Determine the expected annual net cash inflow from operations for each of the flist four years after Munoz opens the new store. Note: Negative amounts should be indicated by a minus sign