A $$56,000$ machine with a $7-$year class life was purchased $2$ years ago. The machine will now be

sold for $$50,000$ and replaced with a new machine costing $$81,000,$ with a $10-$year class life. The

new machine will not increase sales, but will decrease operating costs by $$17,000$ per year.

Simplified straight line depreciation is employed for both machines, and the marginal corporate

tax rate is $34$ percent. What is the incremental annual cash flow associated with the project?