Mystic Beverage Company is considering purchasing a new bottling machine. The new machine costs $160,227, plus installation fees of $14,900 and will generate earning before interest and taxes of $77,550 per year over its 8-year life. The machine will be depreciated on a straight-line basis over its 8-year life to an estimated salvage value of 0. Mystic's marginal tax rate is 0%. Mystic will require $39,772 in NWC if the machine is purchased. Determine the annual cash flow in year 3 if the machine is purchased. round your answer to two decimals