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AFTER-TAX SALVAGE VALUE. Karsted Air Services is now in the final year of a project. The equipment originally cost $29 million, of which 100% has

AFTER-TAX SALVAGE VALUE. Karsted Air Services is now in the final year of a project. The equipment originally cost $29 million, of which 100% has been depreciated. Karsted can sell the used equipment today for for $8 million, and its rate is 25%. What is the equipment's after-tax savage value?

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