Simon Co. is evaluating different equipment. Machine A costs $55,000 per year has a five year life, and costs $15,000 pear year to operate. The machine will be depreciated using straight line and the relevant discount rate is 10%. The machine will have a salvage value of $8,500 at the end of the projects life. The firm has a tax rate of 21%.

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