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6 Problem 12-8 After-Tax Cash Flow from Sale of Assets (L.G12-4) 335 points Your firm needs a computerized machine tool lethe which costs $55,000 and

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6 Problem 12-8 After-Tax Cash Flow from Sale of Assets (L.G12-4) 335 points Your firm needs a computerized machine tool lethe which costs $55,000 and reguires $12,500 in maintenance for each year of its 3. year life. After three years, this machine will be replaced. The machine falls into the MACRS 3-year class life category. Assume a tax rate of 34 percent and a discount rate of 13 percent. of the tathe can be sold for $5,500 at the end of year 3, what is the after-tax salvage value? (Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Salvage value their $ 8,145.500 tax

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