A company is considering a project that will cost $$310,000.$ The initial cost

will be depreciated to zero over the project's $7$ year tax life, but has

an estimated market value of $$30,000$ at the end of the project.

The project will generate annual cash revenues of $$229,000$ and have annual

operating cost of $$137,000.$ An initial working capital investment of $$5,000$

will be released at the end of the project. The company's required return is $7\%$

and it has a $20\%$ tax rate.

What is the project's initial cash flow $(T_0)?$

What is the project's annual operating cash flow?

What is the net cash flow in the final year of the project?

What is the project's NPV$?$

Round your final answers to the nearest dollar $($e$.$g$.$ $$307).$