Bing Services is now in the final year of a project. The equipment originally cost $20,000, ofwhich 75% has been depreciated. Bing can sell the used equipment today for $6,000, and its taxrate is 40%. What is the equipment's net after-tax salvage value for use in a capital budgetinganalysis? Note that if the equipment's final market value is less than its book value, Bing willreceive a tax credit as a result of the sale. $5,320 $5,600 $5,880 $6,174 $6,483