You are a project manager. You are estimating the cash flows of a potential project that requires an investment of $$340,000$ in a machine, including installation cost, and $$90,000$ in working capital, which will be fully captured at the end of the project. The machine has an estimated life of five years and will be depreciated via the simplified straight$-$line method. The project is expected to raise the firm$$s annual revenues by $$450,000$ and increase annual costs by $$45,000.$ Since the trend of the product moves rapidly, you expect to terminate this project in three years. The machine you purchase for the project can be sold for $$150,000$ in three years. The firm has a marginal tax rate of $34\%.$ What is the terminal value of the project?