You are evaluating the proposed acquisition of a new machine costing $70,000, and it falls into the MACRS 3-year class. Purchase of the machine would require an increase of net operating working capital of $6,000, which will be recovered when the machine is sold. The machine would increase the firm's revenues by $26,000 per year and its operating costs by $14,000 per year. The machine is expected to be used only for 3 years and then be sold for $27,000. The firm's marginal tax rate is 29 percent, and the project's cost of capital is 14 percent. What is the non-operating terminal cash flows at year 3 ? MACRS 3 -year schedule is as follows: 33%,45%,15%, and 7% for years 1 to 4 , respectively. $26,591 $26,931 $27,161 $27,401 $27,591 $27,811