You are evaluating a proposed acquisition of a new machine costing $50,000. While the machine is expected to last for 5 years, it falls into the MACRS 3 -year class. Purchase of the machine would require an increase of net operating working capital of $2,000. The machine would increase the firm's revenue by $15,000 per year and its operating costs by $7,000 per year. The firm's marginal tax rate is 32 percent, and the project's cost of capital is 14 percent. What is the operating cash flow in Year 1? MACRS 3-year schedule is as follows: 33%,45%,15%, and 7% for years 1 to 4 , respectively. $9,400 $9,710 $9,930 $10,090 $10,430 $10,720