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Brummitt Corporation, is evaluating a new 4 year project. The equipment necessary for the project will cost $2,750,000 and can be sold for $311,000 at

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Brummitt Corporation, is evaluating a new 4 year project. The equipment necessary for the project will cost $2,750,000 and can be sold for $311,000 at the end of the project. The asset is in the 5 year MacRS class. The depreciotion percentoge 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 24 percent. What is the aftertax savage value of the equipment? Mutiple Cholce $350,603 $236700 \$37.000 $27436 3272

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