Ben has been sent to Paris for an assignment. During his stay there, his compensation package was different from the one that he received in the United States. It took into account the standard of living in Paris and included additional pay for the inconvenience of relocating overseas. This would indicate that the organization that Ben works for uses the approach.

A4-year project has an annual operating cash flow of $59,000. at the beginning of the project, $5,000 in net working capital was required, which will be recovered at the end of the project. the firm also spent $23,900 on equipment to start the project. this equipment will have a book value of $5,260 at the end of the project, but can be sold for $6,120. the tax rate is 35 percent. what is the year 4 cash flow?