Revenues generated by a new food product in each of the next 3 years are forecasted as follows: $40,000 (year 1) 35,000 (year 2), 25,000 (year3), and 0 thereafter. Expenses are expected to be 30 percent of revenues, and working capital required in each year is expected to be 25 percent of revenues in the following.year. The product requires an immediate investment of $15,000 in plant and equipment. (Q1) If the plant and equipment are depreciated over 3 years to a salvage value of zero using straight-line depreciation, and the firm's tax rate is 35 percent find the project cash flows in each year by completing the following table. (No decimal place: ex. 10 or-10) Revenue Expense Depreciation 40000 35000 25000 Income before tax ax Income after back depreciation Cash flows operation Change in capital nvestment in asset Total cash flows