Terminal cash flow$-$Replacement decision Russell Industries is considering replacing a fully depreciated machine that has a remaining useful life of $10$ years with a newer, more sophisticated machine. The new machine will cost $$200,000$ and will require $$30,800$ in installation costs. It will be depreciated under MACRS using a $5-$year recovery period $($see the table for the applicable depreciation percentages$).$ A $$20,000$ increase in net working capital will be required to support the new machine. The firm's managers plan to evaluate the potential replacement over a $4-$year period. They estimate that the old machine could be sold at the end of $4$ years to net $$14,200$ before taxes; the new machine at the end of $4$ years will be worth $$76,000$ before taxes. Calculate the terminal cash flow at the end of year $4$ that is relevant to the proposed purchase of the new machine. The firm is subject to a $40\%$ tax rate.

The terminal cash flow for the replacement decision is shown below: $($Round to the nearest dollar.$)$

Proceeds from sale of new machine $,$$ $$

Tax on sale of new machine $$

Total after$-$tax proceeds$-$new asset

Proceeds from sale of old machine

$ $$

$

Tax on sale of old machine

Total after$-$tax proceeds$-$old asset

$$

Change in net working capital

Terminal cash flow

$$

$ $$