Leamon Corporation is considering a capital budgeting project that would require an Investment of $220,000 in equipment with a 4 year useful life and zero salvage value. The annual Incremental sales would be $700,000 and the annual Incremental cash operating expenses would be $440,000. In addition, there would be a one-time renovation expense in year 3 of $29,000. The company's Income tax rate is 35%. The company uses straight-line depreciation on all equipment. The total cash flow net of Income taxes in year 3 is: $231.000 $169, 400 $109, 850 $138, 850