Your firm needs a machine which costs $25,000, and requires $15,000 in maintenance for each year of its 5-year life. After 4 years, this machine will be replaced. The machine falls into the MACRS 5-year class life category. Assume a tax rate of 25% and a discount rate of 10%. If this machine can be sold for $4,000 at the end of year 4, what is the after-tax salvage value?

Year	5-Year
1	20.00%
2	32.00%
3	19.20%
4	11.52%
5	11.52%
6	5.76%