Winslow, Inc A)$37,036
B)$38,880
C)$46,108
D)$47,770
E)$53,892

Winslow, Inc.is considering the purchase of a $225,000 piece of equipment.The equipment is classified as 5-year MACRS property.The company expects to sell the equipment after four years at a price of $50,000.What is the after-tax cash flow from this sale if the tax rate is 35%?
$$\begin{array}{l}\text { MACRS 5-year property }\\\begin{array} { c c } \underline{\text { Year }} & \underline{\text { Rate} } \\ 1 & 20.00 \% \\2 & 32.00 \% \\3 & 19.20 \% \\4 & 11.52 \% \\5 & 11.52 \% \\6 & 5.76 \%\end{array}\end{array}$$

A) $37,036
B) $38,880
C) $46,108
D) $47,770
E) $53,892