A firm will pursue a new project immediately. The project will require the purchase of new equipment at a cost of $200,000. The equipment will also require an immediate $40,000 for installation and delivery. The equipment will be straight-line depreciated over a 10-year period. The project will require the use of an old machine that could otherwise be sold today for a net salvage value of $15,000. The firm will also have to invest $5,000 in net working capital today to support the project. Finally, the project will require employees to be trained today for an expense of $40,000. The firm has a marginal tax rate of 30%. What is the project cash flow for year 0?