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Your firm is selling a 3-year old machine that has a 5-year class life. The machine originally cost $580,000 and required an investment in net

Your firm is selling a 3-year old machine that has a 5-year class life. The machine originally cost $580,000 and required an investment in net working capital of $20,000 at the time of installation (recoverable when the machine is no longer in use). Your firm is selling the asset for $180,000. Your firm's marginal tax rate is 34%. What is the cash flow effect from selling this machine?

$212,680
$202,680
$207,680
$217,680
$197,680

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