Question 29 (3 points) A company would like to purchase a machine to enhance the efficiency of their operations. The machine will cost $55,000 and savings are expected to be $17,000 per year. The machine will have a service life of 6 years. At the end of the service life, the salvage value is expected to be $1,000. The CCA rate is 20% and the corporate income tax rate is 54%. Assume an after-tax MARR of 10%. What is the after-tax present-worth of the machine? Round answer to the nearest whole number. State answer with $ sign and appropriate negative or positive sign - For example: If the answer is negative, then write as -$XXX, or if the answer is positive, then write $XXX