Flounder Vita produces a wide range of herbal supplements sold nationwide through independent distributors. In response to an increasing demand for its products, the company is considering the purchase of a new packaging machine to replace the seven-year- old machine currently in use. The new machine will cost $157,550, and installation will require an additional $2,875. The machine has a useful life of 10 years and is expected to have a salvage value of $4,255 at that time. The variable cost to operate the new machine is $9.55 per carton compared to the current machine's variable cost of $9.66 per carton, and Flounder Vita expects to pack 242,000 cartons each year. If the new machine is purchased, Flounder Vita will avoid a required $9,675 overhaul of the current machine in four years. The current machine has a market value of $12,025. Identify the amount and timing of all cash flows related to the acquisition of the new packaging machine. (Enter negative amounts using a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Timing Amount Cash Flow Purchase price $ Installation > Salvage of old equipment Salvage of new equipment > Variable cost savings Avoided overhaul