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To open a new store, Campbell Tire Company plans to invest $236,000 in equipment expected to have a four-year useful life and no salvage value.

To open a new store, Campbell Tire Company plans to invest $236,000 in equipment expected to have a four-year useful life and no salvage value. Campbell expects the new store to generate annual cash revenues of $321,000 and to incur annual cash operating expenses of $192,000. Campbell's average income tax rate is 35 percent. The company uses straight-line depreciation. Required Determine the expected annual net cash inflow from operations for each of the first four years after Campbell opens the new store. Note: Negative amounts should be indicated by a minus sign. Net cash Inflow or Outflow Year 1 Year 2 Year 3 Year 4

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