Scholastic Co$.$ is evaluating a machine with an initial cost of $$450,000$ and a five$-$year life that costs $$85,000$ per year to operate $($assume sales $=$ $$0).$ The firm uses straight$-$line depreciation; the applicable discount rate is $9\%.$ The machine will have a salvage value of $$100,000$ at the end of the project's life. The firm has a tax rate of $21\%.$ Note: do not include the salvage value when calculating the annual depreciation expense.

Calculate the operating cash flow in year $1.($Enter a negative value$)$

Calculate the NPV of the project. $($Enter a negative value and round to $2$ decimals$)$

Calculate the EAC for the project. $($Enter a positive value and round to $2$ decimals$)$