A new machine costing $2,500,000 is considered three-year property and is being depreciated using the four MACRS rates provided below. The machine will produce $2,250,000 in annual revenues and $1,125,000 in annual cash expenses. Assume a 35% tax rate. What is the operating cash flow in year 4 (round to the nearest dollar)?

MACRS Rate - Year 1: 33.33%

MACRS Rate - Year 2: 44.45%

MACRS Rate - Year 3: 14.81%

MACRS Rate - Year 4: 7.41%

$610,838 $666,412 $796,088 $851,663 $1,060,162