Laurel's Lawn Care, Ltd., has a new mower line that can generate revenues of $174,000 per year. Direct production costs are $58,000, and the fixed costs of maintaining the lawn mower factory are $24,000 a year.

The factory originally cost $1.45 million and is being depreciated for tax purposes over 25 years using straight-line depreciation.

Calculate the operating cash flows of the project if the firm's tax bracket is 35%. (Enter your answer in dollars not in millions.)