ABC Inc. is going to purchase a new starnp press for $20,000. The press will require an extra $1,800 for shipping and installation costs. The press can be sold in two years for $12,000. The depreciation rates are 20% in year one and 32% in year two. If the corporate tax rate is 40%, what is the net salvage value for the machine? $2.054.40 $3,014,40 $303900 $2,784,00 $3,398.40