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ABC Company is considering the purchase of a new machine for $60,000 installed. The machine will be depreciated by MACRS as 5 year property. The

ABC Company is considering the purchase of a new machine for $60,000 installed. The machine will be depreciated by MACRS as 5 year property. The firm expects to operate the machine for 4 years and then to sell it for $12,250. If the marginal tax rate is 25.00%, what will the aftertax salvage value be when the machine is sold at the end of Year 4?

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