"The revenue for a project in year 5 is $34,000 in constant (year-0) dollars. Expenses (not including depreciation) in the same year is $26,000 in constant (year-0) dollars. Depreciation in that same year is $8815. If there were no inflation, the net income for year 5 would be $-481 in constant (year-0) dollars. If the inflation rate is 6%, what is the net cash flow in year 5 in actual dollars? Assume there are no investments or salvage values in this year. Hint: you will need to calculate the tax rate. The answer could be a negative number."