McPherson Company must purchase a new milling machine. The purchase price is $50,000, ineluding installation. The machine has a tax life or 5 years, and it can be depreciated according to the following rates. 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%, whar will the antertax salvage value be when the machine is sold at the end of Year 4 ? 58,878 59,345 $10,355 $10,900 McPherson Company must purchase a new milling machine. The purchase price is $50,000, ineluding installation. The machine has a tax life or 5 years, and it can be depreciated according to the following rates. 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%, whar will the antertax salvage value be when the machine is sold at the end of Year 4 ? 58,878 59,345 $10,355 $10,900