ABC Company purchased $94,118 of equipment 4 years ago. The equipment is 7-year MACRS property. The firm is selling this equipment today for $5,129.

ABC Company purchased $94,118 of equipment 4 years ago. The equipment is 7-year MACRS property. The firm is selling this equipment today for $5,129. What is the After-tax Salvage Value if the tax rate is 15%?