Harris Corporation provides the following data on a proposed capital project:

Initial investment outlay $ 200,000

Expected useful life 4 years

Increase in annual net cash inflow (before taxes) $ 66,000

Required rate of return (i.e., discount rate) 12%

Income tax rate, t 25%

Harris uses straight-line depreciation method with no salvage value.

What is the discounted cash flows of the investment, rounded to the nearest whole dollar? (the PV annuity factor for 12%, 4 years is 3.037). Round your