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A new project is expected to generate $874935 in revenues, $258945 in cash operating expenses, and depreciation expense of $177920 in each year of its

A new project is expected to generate $874935 in revenues, $258945 in cash operating expenses, and depreciation expense of $177920 in each year of its 10-year life. The corporation's tax rate is 27%. The project will require an increase in net working capital of $86818 at the outset and a decrease in net working capital of $74430 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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