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Project X requires machinery that costs $1160 and can be depreciated (straight-line) over 4 years with a salvage market value of $125. The project will

Project X requires machinery that costs $1160 and can be depreciated (straight-line) over 4 years with a salvage market value of $125. The project will generate $965 in savings per year and requires $290 in initial NWC. If the discount rate is 12% and the tax rate is 35%, what is the CFFA in year 4?
$ 728.75
$ 1100.00
$ 1089.06
$ 1481.50
None of the above

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