Swindler Ltd has completed a feasibility study costing $22.913 to determine if there is any benefit in purchasing a new asset. The machine will cost $253,060 and an additional $14,915 will need to be spent to have the machine in operational state. Before the machine can be used staff must be trained at a further cost of $5,798 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 $21.063 and additional stock of $73,610 will be needed. Wages will change from $85,000 to $49,454 and Fixed Costs will remain at $28.775 The new machine is expected to produce sales of $1,641,625 in the first year and will grow by 14% each year of the project. Material costs will be 27% 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 1 of a Capital Budget. Assume the Australian Company tax Rate applies. Swindler Ltd has completed a feasibility study costing $22.913 to determine if there is any benefit in purchasing a new asset. The machine will cost $253,060 and an additional $14,915 will need to be spent to have the machine in operational state. Before the machine can be used staff must be trained at a further cost of $5,798 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 $21.063 and additional stock of $73,610 will be needed. Wages will change from $85,000 to $49,454 and Fixed Costs will remain at $28.775 The new machine is expected to produce sales of $1,641,625 in the first year and will grow by 14% each year of the project. Material costs will be 27% 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 1 of a Capital Budget. Assume the Australian Company tax Rate applies