You are evaluating a capital budgeting project that requires the purchase of a machine for $308,000 in year 0. The firm will depreciate the machine to zero salvage value over its life of 8 years. The project will also generate incremental revenue and expenses of $308,000 and $146,000 each of years 1 through 8. The firm's marginal tax rate is 25%. What is the project's incremental cash flow in year 1? Round your answer to the nearest dollar. Type your