EXPENSES			Annual Increase
Salary, Wages, Benefits	$60,250	Per FTE	3%
Supplies, Drugs, Food	16.43%	of net rev	N.Ap.
Management Fees	8%	of net rev	N.Ap.
Operating Expenses(Fixed)	$1,200,000		N.Ap.
Operating Expenses(Variables	7%	Of net rev	N.Ap.
Land Lease (Annual RATE)	$200,000		3%
Construction	$15,000,000		N.Ap.

INSURANCE PAYERS		MIX	Billing Rate		Annual Increase
	Medicare	36%	$27,795	per case	0.0%
	Medicaid	29%	$35,000	per case	1.3%
	Commercial Payers	24%	$2,800	per day	5.0%
	Other	9%	$38,500	per case	1.3%
	Indigent	2%	$35,000	per case	1.3%

Please from the above develop a 3-year income statement and cash flow statement projection. NPV and IRR.