A&L Corporation is considering buying a new machine that costs $120,000. The machine requires $6,000 in setup costs that are expensed immediately and $14,000 in additional working capital. The machine's useful life is 10 years, after which is can be sold for a salvage value of $30,000. A&L uses straight-line depreciation, and the machine will be depreciated to a book value of zero on a six-year basis. A&L has a tax rate of 40% and the project's cost of capital is 12%. The machine is expected to increase revenues minus expenses by $60,000 per year. What is the present value of the change in revenue minus expenses (after tax) occurring in Years 1- 10? (Round your answer to the nearest cent. An outflow should be entered as a negative number.)