A company making plastic car parts buys new molding machines to expand its production capacity. The machines cost $3000000, with additional charges for delivery and installation totaling $35334. Employees will have to be trained to use the new machines, at the cost of $26441. With the increased production, accounts payable will go up by $40159, inventory by $55355, and accounts receivable by $63773 at the outset. These changes in the working capital will be recaptured at the end of the project's life of 5 years. The depreciable life of the machines is 10 years, and the company uses straight-line depreciation. The increased production will increase the sales revenue by $2000000 and the costs ,including depreciation, by $664003 per year in each of the next 5 years. The combanv expects to sell the machines after five years for $430207. The company's tax rate is 20% and its cost of capital is 15%. Compute operating cashflow for year 1