Swindler Ltd has completed a feasibility study costing $17,785 to determine if there is any benefit in purchasing a new asset. The machine will cost $305,885 and an additional $21,018 will need to spent to have the machine in operational state. Before the machine can be used staff must be trained at a further cost of $5,822.

The project is expected to last for 5 years and the Taxation Office has confirmed this. At the end of the project the machine will be fully depreciated.

Initial advertising costs are expected to $30,188 and additional stock of $6,817 will be needed. Wages will change from $90,427 to $61,893 and Fixed Costs will remain at $57,412.

The new machine is expected to produce sales of $1,200,754 in the first year and will grow by 11% each year of the project. Material costs will be 25% of sales in each year.

You are required to calculate the net cash flow (round to the nearest dollar and DO NOT include $ sign) that would appear in Year 0 of a Capital Budget.

Assume the Australian Company tax Rate applies.