Taylor United is considering overhauling its equipment to meet increased demand for its product The cost of equipment overhaul is $$3\mathrm{.}98$ million, plus $$226,030\mathrm{.}00$ in installation costs. The firm will straight$-$line depreciate the equipment to zero using a $5-$year recovery period Additional sales from the overhaul should amount to $$238,709\mathrm{.}00$ per year, and additional operating expenses and other costs $($excluding depreciation$)$ will amount to $3900\%$ of the additional sales. The firm has an ordinary tax rate of $37\mathrm{.}00\%.$ What is the operating cash flow for year $1$ of this project?

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Answer format: Currency Round to $2$ decimal places