Winslow, Inc

Winslow, Inc. is considering the purchase of a $225,000 piece of equipment. The equipment belongs in a 30% CCA class. The company expects to sell the equipment after four years at a price of $50,001. What is the after-tax cash flow from this sale if the tax rate is 35% and the firm does not have any other assets in the class?

A) $37,036
B) $38,880
C) $46,108
D) $47,770
E) $55,460