er Halford British Steel needs a computerized machine tool lathe which costs $41.005 and requires $13.468 in maintenance expense for each year of its 5-year life. After five years, this machine will be replaced. The machine falls into the MACRS 5-year class life category. Assume a tax rate of 21 percent and a discount rate of 12 percent. If the lathe can be sold for $12,045 at the end of year 5, what is the after-tax salvage value? Below are the AC S rates for year recovery period. DO NOT USE DOLLAR SIGNS OR COMMAS IN YOUR ANSWER. ENTER YOUR ANSWER TO THE NEAREST DOLLAR (0.g.1250). Year 1 2 3 4 5 6 MACRS Rate 20.00% 32.00% 19,20% 11.52% 11.52% 5.76% O