You purchase equipment for $100,000 and it costs $10,000 to have it delivered and installed. Based on past information, you believe that you can sell the equipment for $17,000 in 6 years. The equipment is not the only asset in the asset class. Thus if you sell the equipment, the asset class remains open. The company's marginal tax rate is 40%. If the applicable CCA rate is 20% and the required return on this project is 10%, what is the present value of the ending cash flow (or terminal cash flows)? Select one: a. 10007 b. 25441 c. 7008 d. 9596