Jones Crusher Company is evaluating the proposed acquisition of a new machine. The machine will cost $223,000 and it will be sold after 3 years of use for $110,000. The machine will require an increase in net working capital of $9,000 and will have no effect on revenues but is expected to save the firm $90,000 per year in before-tax operating costs, mainly labor. The company's marginal tax rate is 40%. What is the initial cash flow for the project