Your firm needs a computerlzed machine lool lathe which costs $$5\mathrm{.}8,000$ and requires $$2\mathrm{.}800$ in maintenance for each year of its $3$ year life. Aher three years, thit machine will be replaced. The machine fals into the MACRS $3$ year class life category, and nelther toonus deprectation nor Section $179$ expensing can be used Aswame a tur rate of $21$ percent and a discount rate of t$3$ percent.

If the lathe can be sold for $$5,800$ at the end of year $3,$ what is the ather las salvage value?

Note: Round your answer to $2$ decimal ploces.

Savage vabue ater tar