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To open a new store, Campbell Tire Company plans to invest $413,000 in equipment expected to have a seven-year useful life and no salvage value

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To open a new store, Campbell Tire Company plans to invest $413,000 in equipment expected to have a seven-year useful life and no salvage value Campbell expects the new store to generate annual cash revenues of $318,000 and to incur annual cash operating expenses of $194,000. Campbel's average Income tax rate is 40 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 (Negative amounts should be indicated by a minus sign.) Net cash Inflow / Outflow Year 1 Year 2 Year 3 Year 4

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