Luis owns a tanning salon that is expected to produce annual cash flows forever. The tanning salon is worth $628,900.00 and the cost of capital is 9.12\%. Annual cash flows are expected with the first one due in one year and all subsequent ones growing annually by 3.40%. What is the amount of the annual cash flow produced by the tanning salon in 1 year expected to be? $78,738.28 (plus or minus $10 ) $35,973.08 (plus or minus $10 ) $109,947.55 (plus or minus $10 ) $10,994,755.24 (plus or minus $10 )