Use the table below to answer this question.

MACRS 5-year property
Year	Rate
1	20.00%
2	32.00%
3	19.20%
4	11.52%
5	11.52%
6	5.76%

Ronnie's Custom Cars purchased some fixed assets two years ago for $110,000. The assets are classified as 5-year property for MACRS. Ronnie is considering selling these assets now so he can buy some newer fixed assets which utilize the latest in technology. Ronnie has been offered $57,000 for his old assets. What is the net cash flow from the salvage value if the tax rate is 34 percent?

	$52,800.00
	$48,391.20
	$57,000.00
	$44,082.72
	$55,572.00