Question 1 1 pts Purple Haze Machine Shop is considering a four-year project to improve its production efficiency. Buying a new machine press for $552036 is estimated to result in $193754 in annual pretax cost savings. The press falls in the MACRS five-year class, and it will have a salvage value at the end of the project of $94207. The shop's tax rate is 30 percent. What is the after tax salvage value of this asset? (Round your final answer to the nearest dollar amount. Omit the "$" sign and commas in your response. For example, $123,456.78 should be entered as 123457.) Modified ACRS Depreciation Allowances (Table 10.7) Year Three-Year Five-Year Seven-Year 33.33% 44.45 14.81 7.41 20.00% 32.00 19.20 11.52 11.52 5.76 14.29% 24.49 17.49 12.49 8.93 8.92 8.93 4.46 2 3 4 6 8