Sandhill, Inc., is considering investing in a new production line for eye drops. Other than investing in the equipment, the company

needs to increase its cash and cash equivalents by $$31,000,$ increase the level of inventory by $$51,000,$ increase accounts receivable by

$$46,000,$ and increase accounts payable by $$26,000$ at the beginning of the project. Sandhill will recover these changes in working

capital at the end of the project $10$ years later. Assume the appropriate discount rate is $8$ percent. What are the present values of the

relevant investment cash flows? $($Do not round intermediate calculations. Round answer to $2$ decimal places, e$.$g$.5,275\mathrm{.}25.)$

Present value $