three years ago for $$52,000.$ The assets are classified as $5-$year property for MACRS. The company is considering selling these assets now so they can buy some newer fixed assets which utilize the latest in $echnology. The company has been offered $$15,500$ for these old assets. What is the net cash flow $($after tax$)$ from the salvage value if the tax rate is $21$ percent? The MACRS $5-$year property rates are: Year $1$:$20\%,$ year $2$:$32\%,$ year $3$:$19\mathrm{.}2\%,$ year $4$:$11\mathrm{.}52\%,$ year $5$ : $11\mathrm{.}52\%,$ and year $6$:$5\mathrm{.}76\%.$

$$12,283\mathrm{.}60$

$$14,976\mathrm{.}00$

$$15,389\mathrm{.}96$

$$15,500\mathrm{.}00$