find year two cash flow for the project

A firm is considering a project with the following information: Project will require purchase of a machine for $95.668.00 that is MACRS depreciable over a five-year schedule. (no depreciation until end of year 1). Project will require immediate non-depreciable expenses of $27,771.00 TODAY (Year) Project will have the following projected balance sheet values of NWC YEAR 0 2 NWC Level $4,000 8.00% of sales 9.00% of sales Sales for the project will be $50,178.00 per year with all other expenses (excluding depreciation) at 41.00% of sales The tax rate for the firm is 40.00%, while the cost of capital is 13.00% *assume project goes beyond two years What is the project's cash flow for year 2? Submit Answer format: Currency Round to 2 decimal places