MACRS Depreciation Rate Year 0 14.29% Year 1 24.49% Year 2 17.49% Year 3 12.49% Year 4 8.93% Year 5 8.92% Year 6 8.93% Year 7 4.46% A textile company invests $10 million in an open-end spinning machine. This was depreciated using the seven-year MACRS schedule shown above. If the company sold it immediately after the end of year 3 for $7 million, what would be the after-tax cash flow from the sale of this asset, given a tax rate of 40%? O A. $1,550,400 O B. $3,876,000 O c. $3,124.000 OD. $5,449,600