ACM Company is considering a 3-year project with an initial cost of $702,000. The project will not directly produce any sales but will reduce operating costs by $153,000 a year. The equipment is classified as MACRS 7-year property. The MACRS table values are .1429, .2449, .1749, .1249, .0893, .0892, .0893, and .0446 for Years 1 to 8, respectively. At the end of the project, the equipment will be sold for an estimated $394,000. The tax rate is 25 percent and the required return is 12 percent. An extra $25,000 of inventory will be required for the life of the project. What is the total cash flow for Year 3? $455,841.20 $601,742.60 $577,323.80 $498,120.60 $542,691.10