Your firm is about to sell equipment that it has used for two years. It was being depreciated on the 3 year Modified Accelerated Cost Recovery System (MACRS) schedule. The equipment was originally purchased for $20,000 and will be sold for $3,000. This year's depreciation is $2,960, while accumulated depreciation is $18,520. The tax rate is 30%. What is the after-tax salvage value? A. 7,212 B. 7,656 OC. 2,544 D. 456 E. 4,466 F. 3,000 G. 2,100 H. 4,388 OI. 3,456 OJ. 1.064