Jason Industries is considering a new project. Prior to making this decision the company hired a consultant, at a cost of $20,780, to determine the viability of this new project. The project will require $290,400 for the purchase of the new machine. There will be $16,000 in delivery charges and $1,250 will be spent on a technician to calibrate the machine. The new project will require an additional $1,200 in inventory, $1,060 in accounts receivables and accounts payable is expected to increase by $920. The new machine belongs in a 30% CCA class. At the end of the project, in 5 years time, the machine can be sold for $53,650. The net working capital will return to its original levels at the end of the project. The project is expected to generate additional revenues of $33,600 and expenses are expected to increase by $4,540. The tax rate is 35% and the required rate of return is 15%. What is the present value of the terminal cashflows