Yarra Pizza is considering investing in a pizza oven that will last for five years. At the end of year five the oven will be sold for $17,500. Assume that Yarra is in the 30% tax bracket and that the oven will be depreciated to a book value of $8000 at the end of year five. What is the after-tax salvage value of this oven in Year 5?

Group of answer choices

$14,350

None of these alternatives

$10,800

$11,900

$12,335