The company spent $4 million on research and development for a new product and now evaluating whether to manufacture this product. The cost of the equipment to produce the new product is $199 million, and the cost to install the equipment is $3 million. In addition, the company will use a building that originally cost $218 million, but which is on the books at $54 million: the company has no other use for this building and it would remain unused otherwise. What is the initial cash outlay associated with this project in millions? Report answer to nearest whole dollar. The outlay should be a positive number.