Your company, Q4 Inc., is considering a new project whose data are shown below. The required equipment 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 operating life. What is the project's operating cash flow during Year 4? Equipment cost (depreciable basis) $70,000 Sales revenues, each year $50,000 Operating costs excl. depr'n $25,000 Tax rate 35.0% a. $16,213 b. $17,067 c. $17,965 d. $18,863 e. $19,806