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AFTER TAX SALVAGE VALUE Karsted Air Services is now in the final year of a project. The equipment originally cost $23 million, of which 80%

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AFTER TAX SALVAGE VALUE Karsted Air Services is now in the final year of a project. The equipment originally cost $23 million, of which 80% has been deprecated. Karsted can sell the used equipment today for $5.75 milion, and its tax rate is 40%. What is the equipment's after tax salvage value7 Round your answer to the nearest dollar. Write out your answer completely. For example, 13 million should be entered as 13,000,000

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