You are evaluating a potential investment in equipment. The equipment's basic price is $$163,000,$ and shipping costs will be $$4,900.$ It will cost another $$21,200$ to modify it for special use by your firm, and an additional $$8,200$ to install it$.$ The equipment falls in the MACRS $3-$year class that allows depreciation of $33\%$ the first year, $45\%$ the second year, $15\%$ the third year, and $7\%$ the fourth year. You expect to sell the equipment for $29,600$ at the end of three years. The equipment is expected to generate revenues of $$151,000$ per year with annual operating costs of $$77,000.$ The firm's marginal tax rate is $40\mathrm{.}0\%.$ What is the after$-$tax operating cash flow for year $1?$

Group of answer choices

$$8,891$

$$5,335$

$$74,000$

$$70,444$

$$65,109$