Pon rate. 3) Machinery purchased for $5 million will be straight-line depreciated to over seventuele the machinery is sold after 6 years for $1.5 million, then what is the after-tax salvage value? "The corporate tax rate is 35%. A) $1.588 million B) $1.325 million C) $1.413 million D) $1.413 million E) $0.975 million