A company paid $100,000 for a new Truck and is depreciating it using 5-year MACRS (see table below). The tax rate is 40%. If the company sells the truck after 3 years for $25,000, what is the after-tax salvage value? 5-year MACRS table Year Rate 1 20.00% 2 32.00% 3 19.20% 4 11.52% 5 11.52% 6 5.76% Show your work here. You will not receive credit without showing your work. Round to two decimal places where applicable. Highlight your answers