your company has spent $200,000 on research to develop a new computer game. the firm is planning to spend $40,000 on a machine to produce the new game. shipping and installation costs of the machine will be capitalized and depreciated; they total $5,000. the machine has an expected life of five years, a $25,000 estimated resale value, and falls under the macrs five-year class life. revenue from the new game is expected to be $300,000 per year, with costs of $100,000 per year. the firm has a tax rate of 21 percent, an opportunity cost of capital of 14 percent, and it expects net working capital to increase by $50,000 at the beginning of the project. what will be the operating cash flow for year one of this project?
