Exercise $10-8$A $($Algo$)$ Determining the cash flow annuity with income tax considerations LO $10-2$

To open a new store, Benson Tire Company plans to invest $$200,000$ in equipment expected to have a four$-$year useful life and no salvage value. Benson expects the new store to generate annual cash revenues of $$322,000$ and to incur annual cash operating expenses of $$191,000.$ Benson's average income tax rate is $40$ percent. The company uses straight$-$line depreciation.

Required

Determine the expected annual net cash inflow from operations for each of the first four years after Benson opens the new store.

Note: Negative amounts should be indicated by a minus sign.

$\backslash$table$[[,$Net cash,Inflow or Outflow$],[$Year $1,,$Outflow$],[$Year $2,,$Inflow$],[$Year $3,,$Inflow$],[$Year $4,,$Inflow$]]$