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You are opening your own business and estimate the following expenses and revenues: Revenues year 1 $351,000 growing at 7% thereafter Cost of goods sold

You are opening your own business and estimate the following expenses and revenues: Revenues year 1 $351,000 growing at 7% thereafter Cost of goods sold year 1 $125,000 growing at 8% thereafter Operating expense year 1 $35,000 growing at 4% thereafter Taxes all years 26% per year Depreciation $32,000 in year 1, $44,000 in year 2, $35,000 in year 3 Cash flows from operations for Year 1________, Year 2________ Year 3___________

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