Assume a new project that has an anticipated economic life of four years and requires the purchase of a new machine for 250,000 at time 0. The machine will be depreciated on a straight line basis for five years. At the end of the project the firm expects to pay a tax of 2100 when it sells machine to a third party in the market at the end of the year 4 at time 0 inventory will increase by 20,000 and accounts payable will increase by 10,000. The net working capital will be recovered at the end of year four expected sales are 500,000 each year for four years and operating costs are expected to be 60% of sales per year for four years. The project is expected to reduce the pretax cash flow of the firm's existing projects by 30,000 each year. The project requires no debt, and it costs of capital 12% the firm's tax rate is 21% what is the projects expected cash net cash flow in year 4?