Your firm needs a computerized machine tool lathe which costs $47.000 and requires $11.700 in maintenance for each year of its 3 year life. After three years, this machine will be replaced. The machine falls into the MACRS 3-year class life category, and neither bonus depreciation nor Section 179 expensing can be used. Assume a tax rate of 21 percent and a discount rate of 11 percent If the lathe can be sold for $1700 at the end of year 3. what is the after tax salvage value? (Round your answer to 2 decimal places.) Salvage value ahorax $ 27000