Assume that the book value of a machine at the end of the project was set at $16 million, but it is sold for $2 million instead. If the tax rate is 25%, then the firm will O pay additional taxes of $3.5 million O receive $1.5 million of after-tax proceeds from the sale of the machine. have $14 milion of after-tax proceeds from the sale of the machine. O pay additional taxes of $4 million. receive $5.5 million of after-tax proceeds from the sale of the machine