Seminole Corporation is a manufacturer of graduation caps and gowns subject to a 20% tax rate. Seminole's management is considering the purchase of a new piece of equipment for which they will pay $100,000 at the time of acquisition. Purchasing the new equipment will allow Seminole to sell existing equipment for $10,000 cash. The sale of the existing equipment will generate a $10,000 loss. What would Wilco's total after-tax cash flow be at the beginning of this project? ($90,000)($108,000)($100,000)($88,000)