JPL$,$ Inc. is considering the purchase of a new machine. The net cost of this machine is $$300,000.$ Net working capital of $$50,000$ would be required throughout the $5-$year investment. Cash revenues are expected to be $$500,000$ per year and cash expenses are expected to be $$280,000$ per year. The asset will be depreciated using SL with no salvage $($i$.$e$.,$ $$60,000$ per year depreciation expense$).$ Given JPL$\text{'}$s total tax rate of $35\%,$ calculate the annual after$-$tax cash receipts.

Multiple choice question.

$$325,000$

$$220,000$

$$143,000$

$$175,000$