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Equipment is depreciated straight line to zero over 4 years and costs ( $ 1,000,000 ). The equipment generates operating cash flow each year of

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Equipment is depreciated straight line to zero over 4 years and costs \\( \\$ 1,000,000 \\). The equipment generates operating cash flow each year of \\( \\$ 500,000 \\). The tax rate is \25. The project's discount rate is \11. What is the after tax salvage value if the equipment can be sold for \\( \\$ 175,000 \\) after 3 years? Multiple Choice \\( \\$ 193,750 \\) \\( \\$ 156,250 \\) \\( \\$ 131,250 \\) \\( \\$ 68,750 \\)

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