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Suppose that Calloway golf would like to capitalize on PhilMichelson winning the Open Championship in 2013 by releasing a newputter. The new product will require new equipment for $414,452.00that will be depreciated using the 5-year MACRS schedule. Theproject will run for 2 years with the following forecastednumbers:Year 1Year 2Putter price$62.01$62.01Units sold18,933.0010,513.00COGS41.00% of sales41.00% of salesSelling and Administrative18.00% of sales18.00% of salesCalloway has a 13.00% cost of capital and a 40.00% tax rate. Thefirm expects to sell the equipment after 2 years for a NSV of$148,000.00.What is the project cash flow for year 2? (include the terminalcash flow here)Answer Format: Currency: Round to: 2 decimalplaces.