A company is considering investing in a piece of machinery that will cost $550,000. It will provide an additional $160,000 in sales each year and its annual cash operating expenses are expected to be $52,000. Management plans to depreciate the machine on a straight-line basis over a 10-year life with no estimated salvage value. The company has a 40% tax rate. How much is net annual operating cash flow expected if the machinery is acquired?