Clandestine Air Lines is now in the terminal year of a project. The equipment originally cost $20 million, of which 80 percent has been depreciated. Clandestine can sell the used equipment today to another airline for $5 million, and its tax rate is 40 percent. What is the equipment's after-tax salvage value? Select one: a. It is a clandestine value. Ob. $4 million c. $400,000 O d. $1 million e. $4.6 million