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Company THT is planning to buy new production equipment. The cost of this equipment is estimated of VND 9 , 0 0 0 million. This

Company THT is planning to buy new production equipment. The cost of this equipment is estimated of VND 9,000 million. This equipment depreciates over 6 years with a straight-line depreciation method. At the end of the 5th year, the selling price is expected equipment is VND 1,700 million, the cost to liquidate the equipment is VND 80 million. The corporate income tax is 20%. Requirement: Determine the net salvage value of this equipment?

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