Year 14 29% Year 1 24.49% Year 2 17.49% Year 3 12.49% Year 4 8.93% Year 5 8.92% Year 6 8.93% Year 7 446% MACRS Depreciation Rate A textile company invests $10 million in an open-end spinning machine. This was depreciated using the seven-year MACRS schedule shown above. If the company sold it immediately after the end of year 3 for $8 million, what would be the after-tax cash flow from the sale of this asset given a tax rate of 40%? O A. $4.876.000 OB. 51.950 400 OC. 53,124.000 OD 56.049.600