Your company is considering a new project. The project requires to purchase an equipment of $100,000. The equipment will be depreciated over the five years period with straight-line depreciation. Revenues and other operating costs are expected to be constant over the project's 10-year expected operating life. The expected revenue is $50,000 per year, and the operating cost (excluding depreciation) is $25,000. The tax rate is 30%. What is the expected cash flow in year 5? (C) $3,500 $17,500 $23,500 $25,000 $37,500