A corporation identifies an investment opportunity that will yield end of year cash flows of $35,000 per year in Years 1 through 2,$37,500 per year in Years 3 through 4, and $45,000
in Year 5. Calculate the resulting annual operating cash flows for the corporation for each of the five years.
a) Year 1: $35,000, Year 2: $35,000, Year 3: $37,500, Year 4: $37,500, Year 5: $45,000
b) Year 1: $35,000, Year 2: $35,000, Year 3: $37,500, Year 4: $37,500, Year 5: $35,000
c) Year 1: $35,000, Year 2: $35,000, Year 3: $45,000, Year 4: $45,000, Year 5: $45,000
d) Year 1: $45,000, Year 2: $45,000, Year 3: $45,000, Year 4: $45,000, Year 5: $45,000