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ABC, Inc is planning the purchase of a new equipment which will cost $29,672. The project is expected to last for 6 years. The equipment

ABC, Inc is planning the purchase of a new equipment which will cost $29,672. The project is expected to last for 6 years. The equipment will have a book value of $2,135 at the end of Year 6. The increase in net working capital is expected to be $2,470, all of which will be recouped at the end of the project. The project is expected to have annual operating cash flows of $15,393. What is the Total Cash Flow in Year 6 of the project if the equipment can be sold for $4,576 and the tax rate is 39%?

Note: In the last year of the project, the Total Cash Flow = Operating Cash Flow + Terminal Cash Flow

Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box.

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