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Amigo gas co is selling off some old equipment it no longer needs because its associated project has come to an end. The equipment originally
Amigo gas co is selling off some old equipment it no longer needs because its associated project has come to an end. The equipment originally cost $28,500 of which 75% has been depreciated. The firm can sell the used equipment for $5,000 and its tax rate is 30%. What is the equipments's after tax salvage value for use ina capital budgeting analysis?
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