Clemson Software is considering a new project whose data are shown below. The required equipment has a $3-$year tax life, after which it will be worthless, and it will be depreciated by the straight$-$line method over $3$ years. Revenues and other operating costs are expected to be constant over the project's $3-$year life. What is the project's Year $1$ cash flow? Do not round the intermediate calculations and round the final answer to the nearest whole number.

Equipment cost $($depreciable basis$)$ $$100,000$

Straight$-$line depreciation rate $33\mathrm{.}333\%$

Sales revenues, each year $$60,000$

Operating costs $($excl$.$ depr.$)$ $$25,000$

Tax rate $35\mathrm{.}0\%$

a$.$ $$32,008$

b$.$ $$37,858$

c$.$ $$34,417$

d$.$ $$42,333$

e$.$ $$29,943$