- There will be 300 cruise days per year operated at a full capacity of 3,000 passengers. - The variable expenses per passenger are estimated to be $95 per cruise day. - The revenue per passenger is expected to be $475 per cruise day. - The fixed expenses for running the ship, other than depreciation, are estimated to be $88,920,000 per year. - The ship has a service life of 10 years, with a residual value of $100,000,000 at the end of 10 years. a. Determine the annual net cash flow from operating the cruise ship