A traditional bakery currently has four branches $a,b,c$ and $d.$ The financial manager is

considering opening another branch, so he would have to rent space and purchase the

necessary equipment. The new equipment and installation of the accessories will cost

$$200,000$ and a salvage value of these accessories is expected to be $$10,000$ after $10$

years. These assets are expected to be depreciated on a straight$-$line basis over the next

five years until reaching a value of zero. The manager also estimates that the new store will

need an initial net working capital of $$60,000.$

In $2023,850,000$ people visited part of the branch, the financial manager estimates that of

these visitors, $14\%$ of them will consume during the first year in the new store, with an

average expenditure of $$9$ per person, the manager projects that these sales will will

increase at an annual rate of $8\%$ over the next $10$ years, operating expenses are considered.

$($Depreciation is not included in these expenses$)$ they will be $$700,000$ during the first year,

due to the increase in the cost of water, electricity, gasoline and inflation, these expenses

are expected to increase at a rate of $7\%$ during the next $10$ years.$|$If the marginal tax rate is

$40\%,$ find the new branch's net investment and cash flows for the next $10$ years.