Given the following information calculate the relevant annual Net Cash Flow After Tax [NCFAT], needed to calculate NPV.

Forecast Annual Income $

Cash Revenue 360,000

Less

Cash Operating Expenses 160,000

Admin Cash Flow Expenditure 60,000

Depreciation 36,000

Interest 24,000

Net Profit Before Tax

Tax @30% 24,000

Net Profit After Tax 56,000

Given the following information calculate the relevant annual Net Cash Flow After Tax INCFATI , needed to calculate NPV . Forecast Annual Income* 5 Cash REVENUE 360, 000 Less Cash Operating Expenses 150, 000 Admin Cash Flow Expenditure 50, 000 Depreciation 35, 000 Interest 24, 000 Net Profit Before Tax Tax @ 30% 24, 000 Net Profit After Tax 56, 000