Ayayai Vita produces a wide range of herbal supplements sold nationwide through independent distributors. In response to an increasing demand for its products, the company is considering the purchase of a new packaging machine to replace the seven-year-old machine currently in use. The new machine will cost $148,800, and installation will require an additional $2,700. The machine has a useful life of 10 years and is expected to have a salvage value of $4,500 at that time. The variable cost to operate the new machine is $8.50 per carton compared to the current machines variable cost of $8.60 per carton, and Ayayai Vita expects to pack 235,000 cartons each year. If the new machine is purchased, Ayayai Vita will avoid a required $8,800 overhaul of the current machine in four years. The current machine has a market value of $11,500. Identify the amount and timing of all cash flows related to the acquisition of the new packaging machine. (Enter negative amounts using a negative sign preceding the number e.g. -45 or parentheses e.g. (45).

Cash Flow		Timing		Amount
Purchase price		select a timing Year 0Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10Years 1-10		$enter a dollar amount
Installation		select a timing Year 0Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10Years 1-10		enter a dollar amount
Salvage of old equipment		select a timing Year 0Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10Years 1-10		enter a dollar amount
Salvage of new equipment		select a timing Year 0Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10Years 1-10		enter a dollar amount
Variable cost savings		select a timing Year 0Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10Years 1-10		enter a dollar amount
Avoided overhaul		select a timing Year 0Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10Years 1-10		enter a dollar amount