New England Ski Co. is considering replacing an existing piece of equipment that can be sold immediately for $34,000. If not replaced immediately, it can be used for the next eight years when its salvage value will be $7,500. The new equipment being considered will also have a useful life of eight years when it can be sold for 10% of its current acquisition cost of $175,000. If purchased, the new equipment will have the following associated costs: shipping - $6,500; sales tax - $14,800; and, installation - $9,600. By replacing the old equipment with the new machine, New England Ski will be able to increase annual sales from 3,000 units to 5,000 units. The following table lists details of sales price and production costs. The image represents a table of financial data. The table is comprised of two columns and seven rows. The first column lists financial elements and the second column lists their respective amounts. Price per unit is $150. Direct variable cost per unit is $55. Indirect variable cost per unit is $15. Sales commission is 8% of Sales. Shipping and packaging cost per unit is $30. Incremental fixed cost is $35,000. Depreciation Straight line is 8 years. What is the incremental annual total cash flow from the new machine in year 8, including operating cash flow and cash flow from salvage? $21,312 $51,000 $100,000 $76,000