What is the salvage cash flow for a piece of equipment given the following information. The equipment had an initial book value of $209,000. The asset was set up to be depreciated straight-line for 8 years to a book value of 0. The equipment can be sold today for $78,000. Depreciation has been taken for 6 years. The firm's tax rate is 34%.

a.

54011.10

b.

73399.70

c.

69245.00

d.

87941.15

e.

61628.05

f.

57473.35