A 4-year project has an annual operating cash flow of $53,000. At the beginning of the project, $4,400 in net working capital was required, which will be recovered at the end of the project. The firm also spent $22,700 on equipment to start the project. This equipment will have a book value of $4,780 at the end of the project, but can be sold for $5,760, The tax rate is 23 percent. What is the Year 4 cosh flow? Multiple Choice $13,463 563.385 561835 $62.935