Discuss the relationship between depreciation and cash flow.

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Then using the accompanying financial statements calculate;1. Net operating income for 2021 to 2023.2. Debit Service (P&I)3. Annual cash flow4. DSCR for each year5. Value of the property based on the 2021 projected income.6. Depreciation in each year7. Discuss the relationship between depreciation and cash flow.8. Using the entity you created, complete a purchase contract for the purchase of Federal Apartments.

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