Excel Precision Inc. spent $400,000 on research to develop a new product. The company plans to spend $400000 on a machine to produce the new product. Shipping and installation costs for the machine will be $80,000. The machine has an expected life of four years, an estimated resale value of 100,000, and falls under the MACRS 7-year class life. Revenue from the new product is expected to be $1,000,000 per year, with fixed costs of $450,000 per year. The firm has a tax rate of 35%, an opportunity cost of 15%, and expects its net working capital to increase by $250,000 at the beginning of the project. What will the cash flows associated with this project be