In the spring of 2010, Jemison Electric was considering an investment in a new distribution center. Jemison's CFO anticipates additional earn-ings before interest and taxes ( EBIT) of $ 100,000 for the first year of operation of the center in 2011, and, over the next five years, the firm estimates that this amount will grow at a rate of 5% per year. The distribution center will require an initial investment of $ 400,000 that will be depreciated over a five- year period toward a zero salvage value using straight- line depreciation of $ 80,000 per year. Furthermore, Jemison expects to invest an amount equal to the firm's annual depreciation expense to maintain the physi-cal plant. These additional capital expenditures will also be depreciated over a period of five years toward a zero salvage value. Jemison's CFO estimates that the distribution center will need additional net working capital equal to 20% of new EBIT ( i. e., the change in EBIT from year to year). Assuming the firm faces a 30% tax rate, calculate the project's annual project free cash flow ( FCF) for each of the next five years.