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A company anticipates incremental net income ( i . e . , incremental taxable income ) of $ 2 8 , 0 0 0 in

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A company anticipates incremental net income (i.e., incremental taxable income) of $28,000 in year 3 of a project. The company's tax rate is 30% and its after-tax discount rate is 8%. Click here to view Exhibit 14B-1 to determine the appropriate discount factor(s) using table.
The present value of this future cash flow is closest to: Note: Round your final onswer to the nearest whole number:
Multuple Cholce
$8,400
$6,670
$19,600
$15,562
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