ESPN, Inc. is doing a capital budgeting analysis for a new type of PortaPotty. Revenues are expected to be $1,500,000 per year, manufacturing costs will be $950,000 per year. ESPN spent $1,000,000 last year on marketing to determine if a new type of PortaPotty was needed. In Year 1, depreciation on the manufacturing equipment will be $130,000. ESPN will have to borrow the money for the project and interest on the debt will be $75,000. ESPN's tax rate is 40%. Calculate the cash flow for capital budgeting purposes for Year 1.