Capital Budgeting Analysis: ASSUME a 4 year project's after-tax operating cash flow during years 1-4 = $8,000 and there is an after tax salvage value = $7,000 in year 4. The project also had an initial net working capital (NWC) investment of $1,000. Under conventional assumptions, what is the TOTAL cash flow expected from this project in the terminal year (year 4)?

7,000

8,000

15,000

16,000

none of the other options are accurate