A firm is studying the feasibility of buying bulldozers to clear land. The study was outsourced at a cost of $15,000. The dozer costs $600,000, will be used and depreciated for two years using the 7 year MACRS. The firm has an average tax rate of 25% and a marginal tax rate of 40%. If the expected market value in two years is $400,000. The bulldozer will need to maintain a small inventory of parts, $10,000, the keep it in the field with minimum down time. What is the total after tax cash flow for capital budgeting at the time of the purchase (year 0)?

A) $610,000
B) $625,000
C) $615,000
D) $600,000