A project will generate before tax cost savings of $110,000 per year, for five years, create additional depreciation expense of $73,000 per year, and result in the following net working capital needs: Time: 0 1 2 ... 4 5 Accts Rec 100,000 150,000 150,000 0 Inventory 200,000 300,000 300,000 0 Accts Pay 120,000 180,000 180,000 0 The company's marginal tax rate is 30%. What is the project's cash flow in year 1 (t = 1)?