A company is selling an equipment after three years for $5,489. The equipment was originally purchased for $72,500. The tax rate is 21%. The equipment is classified as a 5-year property. What is the after-tax salvage value? The MACRS allowance percentages are as follows, starting with Year 1: 20.00, 32.00, 19.20, 11.52, 11.52, and 5.76 percent