A company expects to have earnings before interest and taxes (UAII) of $ 160,000 in each of the following 6 years. Pay annual interest of $ 15,000. The firm is considering the purchase of an asset that costs $ 140,000, requires $ 10,000 of installation costs and has a 5-year payback period. It will be the sole asset of the company and the depreciation for years 5 and 6 is $ 18,000 and $ 7,500, respectively The company is subject to a 40% tax rate on all profits it makes. The net fixed assets, current assets, accounts payable and accumulated debts of a company have the values indicated below, at the beginning and end of the last year (year 6).

	START	END
	YEAR 6	YEAR 6
Net fixed assets	7,500	0
Current assets	90,000	110,000
Accounts payable	40,000	45,000
Accumulated debts	8,000	7,000

Operating cash flow at the end of the fifth year (FEO) equals : ____________