Carlin Company, which uses net present value to analyze investments, requires a 10% minimum rate of return. A staff assistant recently calculated a $500,000 machine's net present value to be $86,400, excluding the impact of straight-line depreciation.

FV of 1 (i=10%, n=5): 1.611

FV of a series of $1 cash flows (i=10%, n=5): 6.105

PV of $1 (i=10%; n = 5): 0.621

PV of a series of $1 cash flows (i=10%, n=5): 3.791

If Carlin ignores income taxes and the machine is expected to have a five-year service life, the correct net present value of the machine would be: