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MACRS Year 1 Year 2 Year 3 Depreciation Rate 20% 32% 19.2% Year 4 Year 5 Year 6 11.52% 11.52% 5.76% A company invests

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MACRS Year 1 Year 2 Year 3 Depreciation Rate 20% 32% 19.2% Year 4 Year 5 Year 6 11.52% 11.52% 5.76% A company invests $25,679 in new machinery, which was depreciated using the five-year MACRS schedule shown above. If the company sold the machinery immediately after the end of year 3 for $11,709, what is the after-tax salvage value from the sale, given a tax rate of 33%? Enter your answer in dollars and round to the nearest dollar.

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