You are evaluating the proposed acquisition of a machine that costs $220,000. The machine will result in increased sales of $120,000 per year for 3 years, but costs will increase by $25,000 per year. The machine will be depreciated 3 years MACRS and will be sold for an estimated $50,000 after 3 years. NWC will increase by $75,000 and remain constant for the life of the project. The firm's tax rate is 40% and discount rate is 9 percent. Calculate the project's cash flows.

MACRS for 3 years:
Year 1	Year 2	Year 3
33.33%	44.45%	14.81%