Answer questions 1416 with the following info: Your firm needs a computerized machine tool lathe which costs $50,000. The machine falls inte the MACRS 3-year class life category. Assume a tax rate of 21%. The deprecintion rate is 33.33% in year 1,44.44% in year 2,14,82% in year 3 , and 7.41% in year 4 . 14. Calculate the depreciation tax shield for this project in year 3 . A) $925 B) $1,556 C) $2,594 D) $3,222 E) $3,640 15. What is the book value of the lathe at the end of year 3 ? A) $2,900 B) $3,460 C) $5,000 D) $0 E) $3.705 16. If the lathe can be sold for $5,000 at the end of year 3 , what is the after-tax salvage value? A) $2,722 B) $3,250 C) $3,916 D) $4,547 E) $4,728