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Capital budgeting analysis: An asset is sold for a $31951 market salvage value and the asset has a book value of $11201 at the time

Capital budgeting analysis: An asset is sold for a $31951 market salvage value and the asset has a book value of $11201 at the time of the sale. The firm's marginal tax rate is 40%.

What is the after tax salvage value of the asset? Answer to the nearest dollar.

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