john owns a tanning salon that is expected to produce annual cash flows forever. The tanning salon is worth $660,100.00 and the cost of capital is 10.61%. Annual cash flows are expected with the first one due in one year and all subsequent ones growing annually by 1.10%. What is the amount of the annual cash flow produced by the tanning salon in 1 year expected to be? $62,775.51 (plus or minus $10 ) $77,297,71 (plus or minus $10 ) $59,411.15 (plus or minus $10 ) $6,941,114,62 (plus or minus $10 )