In Eight Years,Lai Sing Company Plans to Receive $11,000 Cash

In eight years,Lai Sing Company plans to receive $11,000 cash from the sale of a machine that has a $16,000 book value.If the firm is subject to a 30% income tax rate and has a 12% after-tax hurdle rate,the correct discounted net cash flow would be:

A) $606.
B) $1,414.
C) $3,838.
D) $5,050.
E) some other amount.