A company purchased a machine six years ago at a cost of $880,000. The machine is being depreciated using the straight-line method over eight years. The tax rate is 18 percent. If the machine is sold today for $252,000, what will the aftertax salvage value be? $252,960 $250,720 $248,480 $246,240 $244,000 QUESTION 4 A project will produce an operating cash flow of $301,000 a year for four years. The initial cash outlay for equipment will be $860,000. The net aftertax salvage value of $28,500 will be received at the end of the project. The project requires $108,000 of net working capital up front that will be fully recovered. What is the net present value of the project if the required rate of return is 10 percent? $64,145.48 $67,949.32 $71,753.16 $75,557.00 $79,360.84