Your company, Acme Computer, is considering a new project whose data are shown below. The equipment that would be used has a 3-year tax life, and the MACRS rates for such property are 33%, 45%, 15%, and 7% for Years 1 through 4. Revenues and other operating costs are expected to be constant over the project's 10-year life. What is the project's operating cash flow during Year 4?

Equipment cost (depreciable basis) $75,000; MACRS rates, years 1-4: 33%45%15%7%; Sales$60,000; Operating costs excl. deprn$25,000; Tax rate35%

		$22,577
		$23,591
		$24,588
		$25,897
		$26,167