Fitzgerald Computers is considering a new project whose data are shown below. The required equipment has a $3-$year tax life, after which it will be worthless, and it will be depreciated by the straight$-$line method over $3$ years for a yearly rate of $33\mathrm{.}333\%.$ Revenues and other operating costs are expected to be constant over the project's $3-$year life. What is the project's Year $1$ cash flow?

Equipment cost $($depreciable basis$)$ $$60,115$

Sales revenues, each year $$51,129$

Operating costs $($excl$.$ deprec.$)$ $$21,920$

Tax rate $25\mathrm{.}0\%$