Denver Auto Wash is contemplating the purchase of a new high-speed washer to replace the existing washer. The existing washer was purchased two years ago at an installed cost of $120,000; it was being depreciated under MACRS using 5-year recovery period. The existing washer is expected to have a usable life of five more years. The new washer costs $210,000 and requires $10,000 in installation costs; it has a 5-year usable life and would be depreciated under MACRS using 5-year recovery period. The existing washer can currently be sold for $140,000 without incurring any removal or cleanup costs. To support the increased business resulting from the purchase of the new washer, accounts receivable would increase by $80,000, inventories by $60,000, and accounts payable by $116,000, and these changes are recouped at the end of the project. At the end of five years, the existing washer is expected to have a market value of zero; the new washer would be sold to net $58,000 after removal and cleanup costs and before taxes. The firm pays taxes at a rate of 40% on both ordinary income and capital gains. MACRS 5-year recovery schedule Year 1 2 3 4 5 6 Percentage 20% 32 19 12 12 5 What is the terminal cash flow associated with this project?