XYZ Corporation is contemplating the replacement of an existing asset used in the operation of its business. The original cost of this asset was $34,000; since date of acquisition, the company has taken a total of $26,000 of depreciation expense on this asset. The current disposal (market) value of this asset is estimated as $27,000. XYZ is subject to a combined income tax rate, t, of 24%. What is the projected after-tax cash flow associated with the sale of the existing asset, rounded to nearest hundred dollars? Multiple Choice $25,840. $17,840. $22,440. $15,840. $19,240