A company purchased a bulldozer for $250,000, 3 years ago. The bulldozer is depreciated using a straight line

depreciation method to a useful life of 10 years with an assumed salvage value of $50,000. The company now

wants renew the bulldozer early and will sell the current bulldozer for $200,000. What would be the after tax net

cash flow from selling the old bulldozer? Assume that the marginal tax rate of this company is 21 %.