Summit Petroleum Corporation page 2of6 template version MMXX.01 First, determine annual depreciation. Then, determine the annual cash flow

Summit Petroleum Corporation page 2 of template version MMXX.OI First, determine annual depreciation. Percentage Depreciation Depreciation Year 1 2 3 4 Base $160,000 160,000 160,000 160,000 (Table 12-9) .333 .445 .148 .074 Annual Depreciation $53,280 $160,000 Then, determine the annual cash flow.