To open a new store, Perez Tire Company plans to invest $224,000 in equipment expected to have a four-year useful life and no salvage value. Perez expects the new store to generate annual cash revenues of $323,000 and to incur annual cash operating expenses of $188,000. Perez'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 Perez opens the new store. Note: Negative amounts should be indicated by a minus sign. Year 1 Year 2 es Year 3 Year 4 Net cash Inflow or Outflow