A new piece of equipment is being justified.  The first cost…

A new piece of equipment is being justified.  The first cost is $68 K.  The expected life is 8 years with the salvage value estimated at  $4000.  In year 8, the cash flow indicates savings plus operating expenses is equal to  $18,000 and the book value for the asset is 0. If the effective tax rate is 30%, what is the after tax cash flow in year 8?