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What is the expected after-tax cash flow from selling a piece of equipment if XYZ purchases the equipment today for $89,700.00, the tax rate is

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What is the expected after-tax cash flow from selling a piece of equipment if XYZ purchases the equipment today for $89,700.00, the tax rate is 30.00 %, the equipment is sold in 3 years for $16,000.00, and MACRS depreciation is used where the depreciation rates in years 1, 2, 3, and 4 are 40.00%, 35.00 % , 20.00 %, and 5.00%, respectively? O $3,140 (plus or minus $10) $12,546 (plus or minus $10) $11,200 (plus or minus $10) $1,031 (plus or minus $10) None of the above is within $10 of the correct

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