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Brummitt Corp., is evaluating a new 4-vear project. The equipment necessary for the project will cost $2,050,000 and can be sold for $283,000 at the

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Brummitt Corp., is evaluating a new 4-vear project. The equipment necessary for the project will cost $2,050,000 and can be sold for $283,000 at the end of the project. The asset is in the 5 -vear MACRS class. The depreciation percentage each year is 20.00 percent, 32.00 percent, 19.20 percent. 11.52 percent, and 11.52 percent, respectively. The company's tax rate is 35 percent. What is the aftertax salvage value of the equipment? $183.950 $258060 $283,000 $307,934 5225,278 Brummitt Corp., is evaluating a new 4-vear project. The equipment necessary for the project will cost $2,050,000 and can be sold for $283,000 at the end of the project. The asset is in the 5 -vear MACRS class. The depreciation percentage each year is 20.00 percent, 32.00 percent, 19.20 percent. 11.52 percent, and 11.52 percent, respectively. The company's tax rate is 35 percent. What is the aftertax salvage value of the equipment? $183.950 $258060 $283,000 $307,934 5225,278

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