Problem $12-6$ Spreadsheet Problem: Project Cash Flows $($LG$12-3)$

KADS, Incorporated has spent $$490,000$ on research to develop a new computer game. The firm is planning to spend $$290,000$ on a machine to produce the new game. Shipping and installation costs of the machine will be capitalized and depreciated using bonus depreciated; they total $$59,000.$ The machine has an expected life of three years, a $$84,000$ estimated resale value, and falls under the MACRS seven$-$year class life. Revenue from the new game is expected to be $$690,000$ per year, with costs of $$340,000$ per year. The firm has a tax rate of $21$ percent, has an opportunity cost of capital of $12$ percent, and expects net working capital to increase by $$145,000$ at the beginning of the project.

What will the cash flows for this project be$?$

Note: Negative amounts should be indicated by a minus sign. Round your answers to $2$ decimal places.

$\backslash$table$[[$Year$,,0,1,,2,3],[$FCF$,$$$,(145,000\mathrm{.}00),,$$$,(70,801\mathrm{.}00),(50,601\mathrm{.}00)$