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Grill Master Johnnys is thinking about purchasing a new, energy - efficient grill. The grill will cost $ 5 3 , 0 0 0 .

Grill Master Johnnys is thinking about purchasing a new, energy-efficient grill. The grill will cost $53,000.00 and will be depreciated according to the 3-year MACRS schedule. It will be sold for scrap metal after 3 years for $11,750.00. The grill will have no effect on revenues but will save Johnny's $23,500.00 per year in energy expenses. The tax rate is 40%. The 3-year MACRS schedule;
\table[[Year,Depr %],[1,33.33],[2,44.45],[3,14.81],[4,7.41]]
What is the total cash flow in year 3?
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