MACRS Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Depreciation Rate 20% 32% 19.2% 11.52% 11.52% 5.76% A company invests $25,465 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 $11,436, what is the after-tax salvage value from the sale, given a tax rate of 20%? Enter your answer in dollars and round to the nearest dollar.