You are tasked with evaluating the purchase of a vending machine for the snack room. The base price is $4,000 and it would cost another $1,000 to modily the machine to install the machine. The equipment falls in the MACRS 3 year class of depreciation with rates of 33%,45%,15%, and 7%. The machine would require an investment in snacks (irventorylnet operating working captal) of $800. The machine would produce revenue of $3,000 per year with costs of $800 per year. The firm's tax rate is 38\%. The firm plans on selling the machine at the end of three years for $1500 and recovering their investment in net working capital at that fime as well. What is the net sale price at time 3 when the equipment is sold