Assuming that the project will yield exactly a 12% rate of return, what is the expected net cash inflow for year 3? Please show all steps in solving equation.

EXERCISE 8-12 Uncertain Cash Flows [LO 8-4] The Cambro Foundation, a nonprofit organization, is planning to invest $104,950 in a project that will last for three years. The project will produce net cash inflows as follows: $30,000 $40,000 Year 2 Required: Assuming that the project will yield exactly a 12% rate of return, what is the expected net cash inflow for Year 3