Garfield Production Co. is now in the final year of a project. The equipment originally cost $10 million, of which 70 percent has been depreciated. Garfield can sell the used equipment today for $4.3 million, and its tax rate is 25 percent. What is the equipments after-tax net salvage value?

a.

$4,975,000

	b. $325,000
	c. $3,975,000
	d. $4,625,000
	e. $3,225,000