Swindler Ltd has completed a feasibility study costing $22652 to determine if there is any benefit...

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Swindler Ltd has completed a feasibility study costing $22652 todetermine if there is any benefit in purchasing a new asset. Themachine will cost $298115 and an additional $21316 will need tospent to have the machine in operational state. Before the machinecan be used staff must be trained at a further cost of $6239. Theproject is expected to last for 5 years and the Taxation Office hasconfirmed this. At the end of the project the machine will be fullydepreciated. Initial advertising costs are expected to $30780 andadditional stock of $6779 will be needed. Wages will change from$89319 to $63422 and Fixed Costs will remain at $59436. The newmachine is expected to produce sales of $1861932 in the first yearand will grow by 12% each year of the project. Material costs willbe 29% of sales in each year. You are required to calculate the netcash flow (round to the nearest dollar and DO NOT include $ sign)that would appear in Year 0 of a Capital Budget.
Assume the Australian Company tax Rate applies

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Swindler Ltd has completed a feasibility study costing $22652 todetermine if there is any benefit in purchasing a new asset. Themachine will cost $298115 and an additional $21316 will need tospent to have the machine in operational state. Before the machinecan be used staff must be trained at a further cost of $6239. Theproject is expected to last for 5 years and the Taxation Office hasconfirmed this. At the end of the project the machine will be fullydepreciated. Initial advertising costs are expected to $30780 andadditional stock of $6779 will be needed. Wages will change from$89319 to $63422 and Fixed Costs will remain at $59436. The newmachine is expected to produce sales of $1861932 in the first yearand will grow by 12% each year of the project. Material costs willbe 29% of sales in each year. You are required to calculate the netcash flow (round to the nearest dollar and DO NOT include $ sign)that would appear in Year 0 of a Capital Budget.Assume the Australian Company tax Rate applies