You are considering opening a new restaurant in the Texas Burgers chain. The new restaurant will have annual revenue of $ $251,400$ and operating expenses of $

$125,700$ The annual depreciation and amortization for the assets used in the restaurant will equal $$41,900.$

An annual capital expenditure of $$12,000$ will be required to offset wear and tear on the assets used in the restaurant additions to working capital will be required. The marginal tax rate will be

$30$ percent.

Calculate the incremental annual after

tax free cash flow for the project.

Incremental annual after

tax free cash flow