3. Your company is planning to purchase a piece of machinery for $100,000. The machinery has a useful life of 5 years, and your company will use straight-line depreciation so as to depreciate the machinery to a salvage value of zero at the end of year 5. However, your company intends to use the machinery for only 2 years. At the end of Year 2, the machinery will be sold to a competitor that has agreed to purchase it at that time for $50,000. Your company is highly profitable and its marginal tax rate is 30%. What is the after-tax cash flow that you would project for the sale of the machinery at the end of year 2?