Steamboat Springs Furniture, Inc., is considering purchasing a new finishing lathe that costs $63,589.00. The lathe will generate revenues of $98,968.00 per year for five years. The cost of materials and labor needed to generate these revenues will total $50,400.00 per year, and other cash expenses will be $10,511.00 per year. The machine is expected to sell for $9,632.00 at the end of its five-year life and will be depreciated on a straight-line basis over five years to zero. Steamboat Springs' marginal tax rate is 37.00 percent, and its cost of capital is 12.00 percent. Attempts Remaining: Infinity What is the project cash flow for the last year of the project? (HINT: Add project cash flow plus the terminal value) Answer format: Currency: Round to: 2 decimal places