Valdez Corporation commenced operations on January 1, 2007. The company's financial performance during its first year of operation was as follows: Sales revenues, $1, 500, 000. labor, material, and overhead costs, $600, 000. The company purchased a warehouse worth $500, 000 in February. To finance this warehouse, the company issued $500, 000 of long-term bonds on January 1, which carry an interest rate of 10%. The first interest payment occurred on December 31. The bond interest is tax-deductible. For depreciation purposes, the purchase cost of the warehouse is divided into $100, 000 in land and $400, 000 in building. The building is a CCA Class asset and is depreciated accordingly. On January 5, the company purchased $250, 000 of equipment, which falls into CCA Class 43. The corporate tax rate is 40%. Determine the total CCA allowed in 2007. Determine Valdez's income taxes for 2007. Determine the total net cash flow in 2007