An analyst has created estimates for a new Putt Putt course near the local elementary school. The course will require an investment (building and equipment) at year 0 of $183,224.00. This amount can be depreciated over 5 years using the straight-line approach. The building can be sold for an NSV of $49,493.00 in year 5. The entrepreneur needs help estimating the cash flows for the business. 5 $69,696.00 $69,696.00 $69,696.00 $69,696.00 $69,696.00 $30,000.00 $30,000.00 $30,000.00 $30,000.00 $30,000.00 $36,644.80 $36,644.80 $36,644.80 $36,644.80 $36,644.80 $0 2 3 Sales Expenses Depreciation Investment in NWC $0 $0 The investor wants an 10.00% return on the investment and the firm faces a 38.00% tax rate. What is the project cash flow for year 1