Saved

$($i$)$

A $4-$year project has an annual operating cash flow of $$52,000.$ At the beginning of the project, $$4,300$ in net working capital was required, which will be recovered at the end the project The firm also spent $$22,500$ on equipment to start the project. This equipment will have a book value of $$4,700$ at the end of the project, but can be sold for $$5,700.$ The tax rate is $35$ percent. What is the Year $4$ cash flow?

Mutiple Cholce

$$61,650$

$$61,650$

$$62,350$

$$60\mathrm{.}005$

$$20\mathrm{.}073$

$$53\mathrm{.}050$