Ch 18 MC algo 10-7 Calculating Salvage Value 3 Brummitt Corp., is evaluating a new 4-year project. The equipment necessary for the project will cost $2,650,000 and can be sold for $307,000 at the end of the proje points The asset is in the 5-year MACRS class. The depreciation percentage each year is 20.00 percent, 32.00 percent, 19.20 percent, 11.52 percent, and 11.52 percent, Skipped respectively. The company's tax rate is 35 percent. What is the aftertax salvage value of the equipment? Multiple Choice eBook O $307,000 O $199,550 O $254,178 O $252,974 O $359,822