42. Mertogul & Company is considering the purchase of a new machine for $50,000, Installed. The machine has a tax life of 5 years, and it can be deprecated according to the depreciation rates below. The firm expects to operate the machine for 4 years and then to sell it for $16,000. If the marginal tax rate is 40%, what will the after-tax salvage value be when the machine is sold at the end of Year 4? Year Depreciation Rate 1 0.20 2 0.32 3 0.19 4 0.12 5 0.11 6 0.06 A) $11,700 B) $16,250 C) $12,610 D) $13,000 E) $12,350