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To open a new store, Linton Tire Company plans to invest $300,000 in equipment expected to have a six -year useful life and no salvage

To open a new store, Linton Tire Company plans to invest $300,000 in equipment expected to have a six -year useful life and no salvage value. Linton expects the new store to generate annual cash revenues of $319,000 and to incur annual cash operating expenses of $195,000. Lintons average income tax rate is 30 percent. The company uses straight-line depreciation. Required Determine the expected annual net cash inflow / outflow from operations for each of the first four years after Linton opens the new store. (Negative amounts should be indicated by a minus sign.)

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