XYZ Corp. is considering a new project. The project will require $334570 for new fixed assets, $163658 for additional inventory and $20483 for additional accounts receivable. Short-term debt is expected to increase by $86127 and long-term debt is expected to increase by $298030. The project has a 5-year life. The fixed assets will be depreciated straight-line to a zero book value over the life of the project. At the end of the project, the fixed assets can be sold for 25% of their original cost. The net working capital returns to its original level at the end of the project. The project is expected to generate annual sales of $564830 and costs of $396429. The tax rate is 35% and the required rate of return is 15%. What is the initial cost of this project? (Round answer to 0 decimal places, do not round intermediate calculations)