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o open a new store, Linton Tire Company plans to invest $378,000 in equipment expected to have a seven -year useful life and no salvage

o open a new store, Linton Tire Company plans to invest $378,000 in equipment expected to have a seven -year useful life and no salvage value. Linton expects the new store to generate annual cash revenues of $315,000 and to incur annual cash operating expenses of $186,000. Lintons average income tax rate is 30 percent. The company uses straight-line depreciation. Required Determine the expected annual net cash inflow / outflow for each of the first four years after Linton opens the new store. (Negative amounts should be indicated by a minus sign.)

net cash inflow/ outflow
year 1
year 2
year 3
year 4

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