You are analyzing the purchase of new equipment. Since you are not an expert on this type of equipment, you hire a consulting firm to make recommendations. The consultant charged you $$5,090$ and recommended purchasing the latest model from HiFlex of America. The equipment costs $$73,339,$ and it will cost another $$8,655$ to modify it for special use by your firm. The equipment will be depreciated on a straight$-$line basis over $10$ years with no salvage value. You expect the equipment will be sold after $4$ years for $$27,500.$ Use of the equipment will require an increase in your company's net working capital of $$7,199,$ which will be recovered at the end of year $4.$ The use of the equipment will have no effect on revenues, but it is expected to save the firm $$48,187$ per year in before$-$tax cash operating costs. Your company's marginal tax rate is $32\%.$ What is the operating free cash flow in the first year of the project, to the nearest dollar? Correct answer is $$35,391$ given and $$5,090$ is a sunk cost which is not used in calculation.