Your frm needs a computerized machine tool lathe that costs $$50,000,$ requires $$10,000$ in instalation, $$5,000$ in freight charges, and another $$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\mathrm{.}54147$

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

$54\mathrm{.}89650$

$5649035$