Replacement Analysis

current machine, it will have no salvage value at the end of its useful life.

realized if the new machine is installed. The company's marginal tax rate is $25\%$ and the project cost of capital is $15\%.$

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c$.$ What is the after$-$tax salvage value at Year $5?$ Do not round intermediate calculations. Round your answer to the nearest dollar. Negative value, if any, should be indicated by a minus sign.

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sign.