Your firm needs a machine which costs $$140,000,$ and requires $$29,000$ in maintenance for each year of its $3$ year life. After $3$ years, this machine will be replaced. The machine falls into the MACRS $3-$year class life category. Assume a tax rate of $21\%$ and a discount rate of $12\%.$ If this machine can be sold for $$14,000$ at the end of year $3,$ what is the after tax salvage value?

Multiple Choice

$$13,238\mathrm{.}54$

$$8,195$

$$3,626\mathrm{.}00$

$$11,060\mathrm{.}00$