Purple Purpose Inc., is in the process of evaluating a new product using the following information: A new transformer has four production runs each year, each with $14,000 in setup costs. The new transformer incurred $50,000 in development costs and is expected to be produced over the next three years. Direct costs of producing the transformers are $55,000 per run of 4600 transformers each. Indirect manufacturing costs charged to each run are $85,000. Destination charges for each transformer average $2.00. Customer service expenses average $0.50 per transformer. The transformers are selling for $50 the first year and will increase by $2 each year thereafter. Sales units equal production units each year.

What are estimated life-cycle revenues?