Concord 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 $153,800, and installation will require an additional $2,800. The machine has a useful life of 10 years and is expected to have a salvage value of $4,360 at that time. The variable cost to operate the new machine is $9.10 per carton compared to the current machine's variable cost of $9.18 per carton and Concord Vita expects to pack 239.000 cartons each year. If the new machine is purchased, Concord Vita will avoid a required $9,300 overhaul of the current machine in four years. The current machine has a market value of $11,800. 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 numberes.-45 or parentheseses (45).) Cash Flow Timing Amount Purchase price Year 0 Installation Year 1 Salvage of old equipment Year 3 Salvage of new equipment Variable cost savings Avoided overhaul