Chester's has a proposed project that will generate sales of 3,200 units at a selling price of $42 each. The fixed costs are $23,000 and the variable costs per unit are $28. The project requires $45,000 of fixed assets that will be depreciated on a straight-line basis to a zero book value over the 6-year life of the project. The salvage value of the fixed assets is $10,400 and the tax rate is 32 percent. What is the after-tax cash flow for the final year?
a. $23,845
b. $23,908
c. $24,093
d. $24,129
e. $24,296