A $97,000 machine with a 7-year class life was purchased 5 years ago. The machine will now be sold for $29,000 and replaced with a new machine costing $52,000, with a 5-year class life. The new machine will not increase sales, but will decrease operating costs by $16,000 per year. Simplified straight line depreciation is employed for both machines, and the marginal corporate tax rate is 34 percent. What is the initial outlay for the project? Set your calculator to 4 decimal places and round to a whole number at the end. NOTE -- ALTHOUGH THE INITIAL OUTLAY IS NEGATIVE, PLEASE ENTER YOUR ANSWER AS A POSITIVE SIGN. IN OTHER WORDS, IF YOUR ANSWER IS - 10,000, ENTER IT AS 10,000. DO NOT ENTER THE DOLLAR SIGN. Nine Point Industries has $42,000,000 in equipment that has a 12 year class life. The equipment is 2 years old. The firm is selling the equipment for $25,000,000. The firm uses simplified straight line depreciation (zero salvage value) and has a marginal tax rate of 34%. What is the terminal cash flow? Assume no working capital. Set your calculator to 4 decimal places and round to a whole number at the end. For example, if your answer is 1,000 enter it as 1000. DO NOT ENTER THE DOLLAR SIGN