ABC Company must purchase a new milling machine. The purchase price is $70,000, and the shipping cost is $12,000. In addition, $5,000 NWC is required if the machine is in used. The machine has a useful life of 5 years and uses a straight-line depreciation method depreciates to zero salvage value. The firm expects to operate the machine for 4 years and then to sell it for $14,500. If the marginal tax rate is 30%, what will the after-tax salvage value be when the machine is sold at the end of Year 4?