Finco Inc. manufactures financial calculators.The company is deciding whether to introduce a new calculator.This calculator will sell for $85.The company feels that sales will be 13,500, 13,900, 14,000, 14,200, and 13,000 units per year for the next 5 years.Variable costs will be 30% of sales, and fixed costs are $250,000 per year.The firm hired a marketing team to analyze the viability of the product and the marketing analysis cost $1,000,000.The company plans to use a vacant warehouse to manufacture and store the financial calculators.Based on a recent appraisal the warehouse and the property is worth $2.2 million on an after tax basis. If the company does not sell the property today then it will sell the property 5 years from today at the currently appraised value.This project will require an injection of net working capital at the on set of the project in the amount of $50,000.This net working capital will be fully recovered at the end of the project.The firm will need to purchase some equipment in the amount of $500,000 to produce the new calculators.The machine has a 7 year life and will be depreciated using the straight-line method.At the end of the project, the anticipated market value of the machine is $150,000.The firm requires an 8% return on its investment and has a tax rate of 21%.

A) Calculate the initial cash outflow (e.g. the time 0 cash flow).(Enter a negative value and round to two decimals)

B) Calculate the cash flow from assets at the end of year 5.(Round to two decimals)