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Year 0 Year 1 Year 2 Year 3 33.33% 44.45% 14.81% 7.41% MACRS Depreciation Rate A machine is purchased for $450,000 and is used through

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Year 0 Year 1 Year 2 Year 3 33.33% 44.45% 14.81% 7.41% MACRS Depreciation Rate A machine is purchased for $450,000 and is used through the end of Year 2. The machine will be depreciated using the 3-Year MACRS schedule. At the end of Year 2, the machine is sold for $90,000. What is the after-tax cash flow from the sale of the machine at the end of Year 2 if the firm's marginal tax rate is 40%

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