Clemson Software Is Considering a New Project Whose Data Are

Clemson Software is considering a new project whose data are shown below.The required equipment has a 3-year tax life,after which it will be worthless,and it will be depreciated by the straight-line method over 3 years.Revenues and other operating costs are expected to be constant over the project's 3-year life.What is the project's Year 1 cash flow? Do not round the intermediate calculations and round the final answer to the nearest whole number.

A) $23,387
B) $33,881
C) $35,081
D) $29,684
E) $29,983