Gray Shipping is evaluating a 5-year project that would require an initial investment in equipment of $370,000. Accelerated depreciation would be used where the depreciation rates in years 1, 2, 3, and 4 would be 25%, 40%, 20%, and 15%, respectively. In year 2, the project is expected to have relevant revenue of $218,000 and relevant variable costs of $84,000. In addition, Gray Shipping would have one source of fixed costs associated with the project. Yesterday, Gray Shipping signed a deal with Circle Advertising to develop an advertising campaign for the project. The terms of the deal require Gray Shipping to pay $24,000 to Circle Advertising in 2 years. The tax rate is 45 percent. What is the operating cash flow for year 2 that Gray Shipping should use in its NPV analysis of the project?