Bryson Sciences is planning to purchase a high-powered microscopy machine for $390,000 and incur an additional $32,300in installation expenses. It is replacing older microscopy equipment that can be sold for $116,300, resulting in taxes from a gain on the sale of $42,600. Because of this transaction, current assets will increase by $16,000 and current liabilities will increase by $5,800. Calculate the initial investment in the high-powered microscopy machine.

The initial investment is $ ___