Your company, CSUS Inc., is considering a new project whose data are shown below. The required equipment has a 3-year tax life, and the accelerated 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 expected operating life. What is the project's Year 4 cash flow? Equipment cost (depreciable basis) $70,000 Sales revenues, each year $34,000 Operating costs (excl. depr.) $25,000 Tax rate 35.0%

a. $6,884 b. $7,716 c. $8,473 d. $8,700 e. $7,565