Bratton Stone Works is considering an expansion proposal that will require an outlay of $$1$ million for land and $$5$ million for equipment. The equipment will be

depreciated under MACRS rules as a $7-$year class asset. The salvage value of the

equipment at the end of $10$ years is expected to be $$1$ million. The actual life of

the project is expected to be $10$ years. At the end of $10$ years, Bratton hopes to sell

the land for $$1\mathrm{.}8$ million. Revenues from the project are expected to be $$700,000$ per year. Operating costs are expected to be $$200,000$ per year. The ordinary and capital

gains tax rate for Bratton is $40$ percent. The project will require an additional investment in working capital of $$250,000$ in year $0$ and $$150,000$ at the end of year $1.$What net cash flow will this project produce in year $10?$