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19. Crosby Services is now at the end of the final year of a project. The equipment originally cost $42,500, of which 80% has been
19. Crosby Services is now at the end of the final year of a project. The equipment originally cost $42,500, of which 80% has been depreciated. The firm can sell the used equipment today for $16,000, and its tax rate is 21%. What is the equipments after-tax salvage value for use in a capital budgeting analysis?
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