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Question 3 A company invests $ 2 6 , 2 3 5 in new machinery, which was depreciated using the five - year MACRS schedule

Question 3
A company invests $26,235 in new machinery, which was depreciated
using the five-year MACRS schedule shown above. If the company
sold the machinery immediately after the end of year 3 for $10,112,
what is the after-tax salvage value from the sale, given a tax rate of
39%? Enter your answer in dollars and round to the nearest dollar.
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