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A 4-year project has an annual operating cash flow of $53,500 At the beginning of the project, $4,450 in net working capital was required, which

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A 4-year project has an annual operating cash flow of $53,500 At the beginning of the project, $4,450 in net working capital was required, which will be recovered at the end of the project. The firm also spent $22.800 on equipment to start the project. This equipment will have a book value of $4.820 at the end of the project, but can be sold for $5.790. The tax rate is 21 percent. What is the Year 4 cash now? Muple Choice O O $63530 $20633 $64,000 $54.50 1404

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