A machine was purchased two years ago for 50000TL. At that time, it was assumed that the machine had a 5 years useful time with a salvage value of 5000TL. The company used straight line depreciation method. Today the machine has a market value of 40000TL. The tax rate is 35%. If the company wants to provide a replacement analysis what amount should be used for the initial investment value of this current machine in the analysis? Select one: a. 42800 b. 40000 c. 37200 d. 36500 e. 43500