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After 5 years of use, Hertz sells their rental cars. After 5 years, the book value of each car is $5,000. Hertz expects to sell

After 5 years of use, Hertz sells their rental cars. After 5 years, the book value of each car is $5,000. Hertz expects to sell these cars for $6,000 each. The tax rate for Hertz is 25%. What is the after tax salvage value for each rental car?

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