What is the expected after-tax cash flow from selling a piece of equipment if XYZ purchases the equipment today for $87,400.00, the tax rate is 22.00%, the equipment is sold in 3 years for $16,500.00, 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?

		$1,701 (plus or minus $10)
		$12,870 (plus or minus $10)
		$3,409 (plus or minus $10)
		$13,831 (plus or minus $10)
		None of the above is within $10 of the correct answer