McDonalds is evaluating opening a new corporate store that will cost $2.6 million for the building and equipment. They expect to serve 400,000 customers per year. Each customer is expected to spend $7.50 per order. Variable costs are expected to be 65% of revenues and fixed costs are expected to be $150,000 per year. Depreciation is straight-line over 5 years. Tax rate is 15%. Calculate the year 1 operating cash flow.