To open a new store, Fanning Tire Company plans to invest $$318,000$ in equipment expected to have a six$-$year useful life and no

salvage value. Fanning expects the new store to generate annual cash revenues of $$320,000$ and to incur annual cash operating

expenses of $$193,000.$ Fanning'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 Fanning opens the new store.

Note: Negative amounts should be indicated by a minus sign.