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ABC Company is now at the end of the final year of a project. The equipment originally cost $26,333, of which 65% has been depreciated
ABC Company is now at the end of the final year of a project. The equipment originally cost $26,333, of which 65% has been depreciated and can be sold today for $5,033. The company's tax rate is 35%. What is the equipment's after-tax net salvage value for use in a capital budgeting analysis? Round your answer to the nearest dollar, but ignore the $ sign in your answer, e.g., x,xxx. (Hint: Compare the market value of the equipment with its book value to figure out the tax consequence.)
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