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KADS, Incorporated has spent $300,000 on research to develop a new computer game. The firm is plarining to spend $100.000 on a machine to produce

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KADS, Incorporated has spent $300,000 on research to develop a new computer game. The firm is plarining to spend $100.000 on a machine to produce the new game. Shipping and installation costs of the machine will be capitallzed and depreciated using bonus depreciated; they total $40,000. The machine has an expected life of three years, a $65,000 estimated resale value, and falls under the MACRS seven-year class lite. Revenue from the new game is expected to be $500,000 per year, with costs of $150,000 per year. The firm has a tax rate of 21 percent, has an opportunity cost of capital of 13 percent, and expects net working capital to increase by $50.000 at the beginning of the project. What will the cash flows for this project be? Note: Negative amounts should be indicated by a minus sign. Round your onswers to 2 decimal places

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