First cost of equipment - $200,000 Market value at the end of year 6 = $10,000 MACRS depreciation is used. The equipment is a 5-year property. Incremental income tax rate for the company = 35% Year 0 1 2. 3 4 5 72K 75K 69K BT-CF in $ -200K 60K 66K 63K Market value = 10K The first-year after tax-cash flow is equal to C. $53,000 D. $23,000 A. $33,000 B. $27,000