Greenleaf Inc. plans to purchase a new machine for $50,000. The machine has a tax life of 3 years, and it can be depreciated according to the depreciation rates below. The firm expects to operate the machine for 3 years and then to sell it for $27,000. If the marginal tax rate is 40%, what will the after-tax salvage value be when the machine is sold at the end of Year 3? Year Depreciation rates 1 30% 2 25% 3 16% $16,200 a. $32,000 b. $22,000 C. d. $12,500 Oe. $14,500