Calculate the operations.

ESTIMA TING Initial Outlay (Cash Flow, CFo, T=0 ) Operations: Revenue \begin{tabular}{|l|rr} \hline Operating Cost & $ & 120,000 \\ \hline Depreciation & $ & 50,375 \end{tabular} EBIT Taxes Net Income (LOSS) XXXXXX XXXXX XXXXX XXXXX TAX SHIELD DUE TO LOSS Add back Depreciation Total Operating Cash Flow XXXXXXXXXXXXXXXXXXXX Terminal (END of 4th YEAR) 1) Release of Working Capital 2) Salvage value (after tax) Total XXXXXX ESTIMA TING Initial Outlay (Cash Flow, CFo, T=0 ) Operations: Revenue \begin{tabular}{|l|rr} \hline Operating Cost & $ & 120,000 \\ \hline Depreciation & $ & 50,375 \end{tabular} EBIT Taxes Net Income (LOSS) XXXXXX XXXXX XXXXX XXXXX TAX SHIELD DUE TO LOSS Add back Depreciation Total Operating Cash Flow XXXXXXXXXXXXXXXXXXXX Terminal (END of 4th YEAR) 1) Release of Working Capital 2) Salvage value (after tax) Total XXXXXX