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14. Sea Swell Inflatable Paddleboard Company purchased a new production machine 5 years ago for $675,000. The equipment was used for a project intended to

14. Sea Swell Inflatable Paddleboard Company purchased a new production machine 5 years ago for $675,000. The equipment was used for a project intended to last for 8 years and was depreciated straight-line over the life of the project. However due to low demand, the project is being shut down. The equipment can be sold for $125,000 today. The companys tax rate is 21 percent. What is the after-tax salvage value of the equipment? (5 points).

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