marshall-miller & company is considering the purchase of a new machine for $50,000,installed. The machine has a tax life of 5 years, and it can be depreciated according to the depreciation rates below. The firm expects to operate the machine for 4 years and then to sell it for $12,500. If the marginal tax rate is 40%, what will the after-tax proceeds be when the machine is sold at the end of Year 4? Year 1 Depreciation Rate .20, Year 2 Depreciation rate .32 Year 3 Depreciation .19, Year 4 Depreciation .12, Year 5 Depreciation .11 Year 6 Depreciation .06