What is the expected after-tax cash flow from selling a piece of equipment if XYZ purchases the equipment today for $87,900.00, the tax rate is 30.00%, the equipment is sold in 2 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?

• $11,200 (plus or minus $10)
• $17,792 (plus or minus $10)
• $15,382 (plus or minus $10)