You purchased a machine for $$1\mathrm{.}02$ million three years ago and have been applying$$ straight$-$line depreciation to zero for a$$ seven$-$year life. Your tax rate is $35\%.$ If you sell the machine right now$($after three years of$$ depreciation$)$ for $$704,000,$ what is your incremental cash flow from selling the$$ machine?

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Part $1$

Your total incremental cash flow will be $$$enter your response here. $($Round to the nearest$$ cent.$)$