A firm has invested $700 in a new machine that is expected to last for the next 7 years. the machine will be depreciated on a straight line basis down to zero by the end of its 7 year life. the firm projects that the machine will generate consecutive annual cash inflows of $700 beginning in one year and will generate consecutive annual cash outflows at 300 also beginning in one year.. assuming the tax rate of 33%, determine the firm's cash flow next year.