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A manufacturing tool was purchased for 15,000. It is a 3 year property. According to MARCS depreciation, 1st, 2nd, 3rd year depreciation are 33.33%, 46.66%,

A manufacturing tool was purchased for 15,000. It is a 3 year property. According to MARCS depreciation, 1st, 2nd, 3rd year depreciation are 33.33%, 46.66%, 15.2%. Marginal tax rate is 20%. What is the net salvage cash flow of the tool was sold at 2000 at the end of 3rd year?

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