QUESTION $6$

What is the expected after$-$tax cash flow from selling a piece of equipment if XYZ purchases the equipment today for $$86,000\mathrm{.}00,$ the tax rate is $23\mathrm{.}00\%,$ the equipment is sold in $3$ years for $$19,000\mathrm{.}00,$ and MACRS depreciation is used where the depreciation rates in years $1,2,3,$ and $4$ are $40\mathrm{.}00\%,35\mathrm{.}00\%,20\mathrm{.}00\%,$ and $5\mathrm{.}00\%,$ respectively?

$$14,630($plus or minus $$10)$

$$919($plus or minus $$10)$

$$15,619($plus or minus $$10)$

$$3,311($plus or minus $$10)$

None of the above is within $$10$ of the correct answer