Queenstown Adventure Tours is considering adding a tour. They have done market research which cost $10,000. From this they determined the following: The tour is estimated to be taken by 8000 tourists per year. The expected price will be $15 per tour. The fixed costs associated with this project are $40,000. The variable costs are estimated to be $5 per unit which includes overhead allocations of $1 per unit. The bus and building for providing this tour will cost $250,000 and will be depreciated on a straight-line basis to a salvage value of $50,000 over a 5 year period. The firm intends to borrow the money for the equipment at 8% per annum, so will have additional interest expense per year. The marginal tax rate is 30%. The opportunity cost of capital for this project is 12%.

Calculate the Operating Cash Flow for years 1-5.