QUESTION 20 Acompany is considering an year project to expand into a new geographical area. The project requires a new machine, which would cost $210,000 FOB San Francisco with a shipping cost of $6,000 to the new plant location. Installation expenses of $11,000 would also be required. This new machine would be classified as 7 year property for MACRS depreciation purposes. The project engineers anticipate that this equipment could be sold for salvage for $39.000 at the end of the project. If the corporate tax rate is 30%, what is the after tax salvage cash flow for this new machine at the end of the project/Answer to the nearest dollar.) MACRS percentages for depreciation each year are as follows: Year 2 24.49 317.49 68.93 78.93