A 4-year project has an annual operating cash flow of $50,000. At the beginning of the project, $4,100 in net working capital was required, which will be recovered at the end of the project. The firm siso spent $22,100 on equipment to stort the project. This equipment will have a book value of $4,540 at the end of the project, but can be sold for $5,580. The tax rate is 22 percent. What is the Year 4 cash flow? Multiple Choice $59,451 $12,177 $59,909 $51,251 $58,452