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A new project is expected to generate $821415 in revenues, $261269 in cash operating expenses, and depreciation expense of $175387 in each year of its

A new project is expected to generate $821415 in revenues, $261269 in cash operating expenses, and depreciation expense of $175387 in each year of its 10-year life. The corporation's tax rate is 24%. The project will require an increase in net working capital of $85511 at the outset and a decrease in net working capital of $67798 in year 10. What is the operating free cash flow from the project in the first year, to the nearest dollar?

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