Problem 10.9 Your answer is incorrect. Try again. ippy Corporation just purchased computing equipment for $19,000. The equipment will be depreciated using a five-year MACRS depreciation schedule. If the equipment is sold at the end of its fourth year for $14,000, what are the after-tax proceeds from the sale, assuming the marginal tax rate is 35 percent. (Round answer to 2 decimal places, e.g. 15.25.) After-tax proceeds 6963.45