A new project is expected to generate $851646 in revenues, $260622 in cash operating expenses, and depreciation expense of $174025 in each year of its 12-year life. The corporation's tax rate is 23%. The project will require an increase in net working capital of $88380 at the outset and a decrease in net working capital of $69895 in year 12. What is the operating free cash flow from the project in the first year, to the nearest dollar?