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Sal's Lounge purchased some new equipment two years ago for $89,500. Today, it is selling this equipment for $55,639. What is the after-tax salvage value

Sal's Lounge purchased some new equipment two years ago for $89,500. Today, it is selling this equipment for $55,639. What is the after-tax salvage value from this sale if the tax rate is 35 percent? The MACRS depreciation percentages are as follows, commencing with year 1: 20.00%, 32.00%, 19.20%, 11.52%, 11.52%, and 5.76%. A. $36,165 B. $67,490 C. $60,077 D. $51,201 E. $52,454

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