The Wet Corp. has an investment project that will reduce expenses by $20,000 per year for 3 years. The project's cost is $30,000. If the asset is part of the 3-year MACRS category (33.33\% first year depreciation) and the company's combined tax rate is 29\%, what is the cash flow from the project in year 1? (Do not round intermediate calculations. Round your answer to the nearest dollar amount.) Musiple Choice 517,880 $18,560 $16,550 517100