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Consider the following for some equipment that Victor's Paper Supplies no longer needs and is selling at the end of a project: Original cost =
Consider the following for some equipment that Victor's Paper Supplies no longer needs and is selling at the end of a project:
Original cost = $22,500
Book Value at end of Project = $5,625.
Sale price of equipment today = $6,000,
If Victor's tax rate is 40%, what is the equipment's after-tax salvage value for use in a capital budgeting analysis?
Group of answer choices
$3600
$5,475
$6,450
$5,775
$5,850
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