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You are opening your own business and estimate the following expenses and revenues: Revenues year 1$351,000 growing at7% thereafter Cost of good sold year 1$125,000

You are opening your own business and estimate the following expenses and revenues:

Revenues year 1$351,000 growing at7% thereafter

Cost of good sold year 1$125,000 growing at6% thereafter

Operating expense year 1$35,000 growing at5% thereafter

Taxes all years24% per year

Depreciation$40,000 in year 1, $44,000 in year 2, $39,000 in year 3

Cash flows from operations forYear 1________, Year 2________ Year 3___________

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