ou are opening your own business and estimate the following expenses and revenues: Revenues year 1 $212,000 growing at 9% thereafter Cost of goods sold year 1 $121,000 growing at 12% thereafter Operating expense year 1 $47,000 growing at 6% thereafter Taxes all in years 23% per year Depreciation $15,000 in year 1, $21,000 in year 2, $17,000 in year 3 No working capital is needed -- please predict the after-tax cash flows from operations for the first three years of operations below:
Year 1_______________ Year 2__________________ and Year 3______________