Kohler Inc. wants to replace a 10 year old machine with a new machine that is more efficient. The old machine cost $80,000 when new and has a current book value of $15,000. Kohler can sell the machine to a foreign buyer for $12,000. Kohler's tax rate is 21%. The effect of the sale of the old machine on the initial outlay for the new machine is__

		($12,100).
		($12,630).
		($14,350).
		$1,000.