A two$-$year project has an initial requirement of $$500,000$ for fixed assets and $$100,000$ for net working capital. The fixed assets will be depreciated to a zero book value over the $2-$year life of the project. The estimated salvage value is $$100,000.$ All of the net working capital will be recouped at the end of the $2$ years. The annual operating cash flow is $$700,000$ and the discount rate is $10$ percent. The tax rate is $22$ percent. What is the cash flow in year $0?$

$-$$$600,000$

$-$$$500,000$

$$600,000$

$-$$$1,200,000$