Cash Flow Timing Amount Purchase price Installation Salvage of old equipment Salvage of new equipment Variable cost savings Avoided overhaul Grouper 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-yearold machine currently in use. The new machine will cost $158,800, and installation will require an additional $2,900. The machine has a useful life of 10 years and is expected to have a salvage value of $4,220 at that time. The variable cost to operate the new machine is $9.70 per carton compared to the current machine's variable cost of $9.82 per carton, and Grouper Vita expects to pack 243,000 cartons each year. If the new machine is purchased, Grouper Vita will avoid a required $9,800 overhaul of the current machine in four years. The current machine has a market value of $12,100. 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).)