Grouper Industries is considering the purchase of new equipment costing $1,010,000 to replace existing equipment that will be sold for $157,000. The new equipment is expected to have a $243,000 salvage value at the end of its 5 -year life. During the period of its use, the equipment will allow the company to produce and sell an additional 32,500 units annually at a sales price of $27 per unit. Those units will have a variable cost of $11 per unit. The company will also incur an additional $96,000 in annual fixed costs. Identify the amount and timing of all cash flows related to the acquisition of the new equipment. (Enter negative amounts using a negative sign preceding the number es. -45 or parentheses es. (45).)