Your firm needs a computerized machine tool lathe thaffcosts $$50,000,$ requires $$10,000$ in installation, $$5,000$ in freight charges. and another $$12,000$ in maintenance for each year of its three$-$year life. After three years, this machine will be replaced. The machine falls into the MACRS three$-$year class life category. Assume a tax rate of $21$ percent and a discount rate of $12$ percent. if the lathe can be sold for $$7,000$ at the end of year $3,$ what is the after$-$tax salvage value?

Multiple Choice

$$6,499\mathrm{.}35$

$$6,541\mathrm{.}47$

$$5\mathrm{.}999\mathrm{.}45$