Two years ago, your firm bought a new machine for $5,000. The machine was depreciated on a MACRS 3 year schedule. Today, your company will sell the machine for $6,000. The tax rate is 35%. What are the after tax proceeds from the sale? Answer to 2 decimals, for example 105.21. MACRS 3 Year Year Amount 1 33.33% 2 44.45% 3 14.81% 4 7.41%