Flexsteei Industries monufoctures furn ture for the retoil controct and recreational vehicle furnifure morkefis. The compony is considering the purchose of a new piece of equipment. The cost sovings from the equipalent would result in an annual increase in net cash fows- of $199,650. The equipment will have an initiol cost of $585,000 and hove a 5 -year life. If the salvoge volue of the equipment is eshimoted qo be 525,000 , what is the annuol net income? lgnore income taxes Mulive choice 5144 tro 1284650 5194050 $52650