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A 4-year project requires the purchase of $120 thousand of equipment that will be depreciated according to the schedule below. If the market value of

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A 4-year project requires the purchase of $120 thousand of equipment that will be depreciated according to the schedule below. If the market value of the equipment is at the end of the 4-year project is 516 thousand and the company's corporate tax rate is 104. What is the after-tax salvage value of the equipment at the end of the project? Depreciation Schedule Year Annual Depreciation Expense $18,000 $30,000 $38.400 514,400 Enter your answer as a full number (not in thousands) with no decimal places of precision a whole number) Do not enter your answer with comasarthe dollar sich

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