Problem $6-21$ Calculating Nominal Cash Flow

Shado, Incorporated, is considering an investment of $$444,000$ in an asset with an economic life of five years. The firm estimates that the nominal annual cash revenues and expenses at the end of the first year will be $$283,100$ and $$88,800,$ respectively. Both revenues and expenses will grow thereafter at the annual inflation rate of $2$ percent. The company will use the straight$-$line method to depreciate its asset to zero over five years. The salvage value of the asset is estimated to be $$64,000$ in nominal terms at that time. The one$-$time net working capital investment of $$19,500$ is required immediately and will be recovered at the end of the project. The corporate tax rate is $24$ percent.$$What is the project$$s total nominal cash flow from assets for each year? $($A negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your answers to the nearest whole number, e$.$g$.,32.)$