A company is going to build a new project, and the relevant information is calculated as follows:

Cash outflow of 500,000 in the first year

In the second year, the cash outflow was 500,000

Depreciation of fixed assets in the third year = (100-10)/5 =180,000 taxable income =180,000 * 33% = 59,400 yuan.

(revenue-cost) * (1-33%) = (250000-150000) * 0.67 = 67000.

Cash flow =59400+67000= 126400 yuan

The depreciation of fixed assets in the fourth year is tax deductible = 180000*33%=59400 yuan.

(revenue-cost) * (1-33%) = (900000-500000) * 0.67 = 268000 yuan.

Cash flow = 268,000+59,400 = 327,400 yuan

The cash flow in the fifth and sixth years is the same as that in the fourth year.

The seventh year is 327,400 yuan on the basis of the fourth year.

Plus: residual value of fixed assets after tax and cash in advance =100000 * (1-33%)+200000 = 267000.

Cash flow =327400+267000=594400 yuan