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

To open a new store, Jordan Tire Company plans to invest $236,000 in equipment expected to have a four -year useful life and no salvage value. Jordan expects the new store to generate annual cash revenues of $324,000 and to incur annual cash operating expenses of $193,000. Jordans average income tax rate is 35 percent. The company uses straight-line depreciation.

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Determine the expected annual net cash inflow from operations for each of the first four years after Jordan 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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