The Stuart Gates & Fences Corporation is considering replacing the metal cutting machine (cutter) it currently uses to cut metal to make fences. The metal cutter has 6 years of remaining life. If kept, the metal cutter will have depreciation expenses of $800 for five years and $700 for the sixth year. Its current book value is $5,000 and it can be sold on eBay for $6,500 at this time. If the old metal cutter is not replaced it can be sold for $1,000 at the end of its useful life. Stuart Co. is considering purchasing the Fast Cutter XL, a higher-end metal cutter which costs $15,000 and has an estimated useful life of 6 years with an estimated salvage value of $2,000. This metal cutter falls into the MACRS 5-year class, so the applicable depreciation rates are 20.00%, 32.00%, 19,20%, 11.52%, 11.52% and 5.76%. The new cutter is faster and allows for an output expansion, so sales would rise by $2,500 per year, the new machines much greater efficiency would reduce operating expenses by $1,500 per year. To support the greater sales, the new machine would require that inventories increase by $3,000 but accounts payable would simultaneously increase by $1,000. Stuarts marginal federal-plus-state tax rate is 25%, and its WACC is 12%.

What will be the after-tax salvage value cash flow of the existing (old) metal cutter if you sell it at the end of its natural life (6 years from now) and the net working capital cash flow in year 5?