If the plant and equipment are depreciated over 4 years to a salvage value of zero using straight-line depreciation, and the firms tax rate is 30%, what are the project cash flows in each year? Assume the plantand equipment are worthless at the end of 4 years.

YearRevenues

1 $54,000

2 30,000

3 20,000

4 10,000

There after 0