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Big Air Services is now in the final year of a project, The equipment originally cost $10 million, of which 80% has been depreciated. Big
Big Air Services is now in the final year of a project, The equipment originally cost
$10 million, of which 80% has been depreciated. Big Air can sell the used equipment
today for $4 million, and its tax rate is 40%. What is the equipment's after-tax net salvage
value?
$2.0 million
$6.0 million
O $5.6 million
O $4.0 million
$3.2 million
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