A company is considering the purchase of a new machine for $50,000. The company will use the MACRS accelerated method to depreciate the machine, which is classified as 5-year property (see the following MACRS table for depreciation rates). M&A expects to sell the machine at the end of its 5-year operating life for $10,000. If M&A's marginal tax rate is 40%, what will the after-tax cash flow be when it disposes of the machine at the end of Year 5? Ownership Year Depreciation Rate 1 20% 2 32 3 19 4 12 5 11 6 6