A Company purchases new equipment for the amount of $400. The equipment is expected to last 10 years and be depreciated on a straight-line basis down to zero. The new equipment is expected to generate cash inflows of $200 and outflows of $100. If tax rate is 30.0% which of the following is closest project cash flows from the equipment in year 1?

$82.00

$110.00

$58.00

$170.86

$70.00