Summer Tyme, Inc., is considering a new 3-year expansion project that requires an initial fixed asset investment of $2.0 million. The fixed asset falls into the 3-year MACRS class (MACRS Table) and will have a market value of $155,400 after 3 years. The project requires an initial investment in net working capital of $222,000. The project is estimated to generate $1,776,000 in annual sales, with costs of $710,400. The tax rate is 30 percent and the required return on the project is 9 percent. (Do not round your intermediate calculations.) Required: (a) What is the project's year 0 net cash flow?