Intro Southwest Airlines just bought a new jet for $34,000,000. The jet falls into the 7- year MACRS category, with the following depreciation rates (half-year convention): Year 1 2 3 4 5 6 7 8 Depr. rate 14.29% 24.49% 17.49% 12.49% 8.93% 8.92% 8.93% 4.46% The jet can be sold for $27,200,000 after 5 years. The company has a marginal tax rate of 34% 18 Attempt 1/10 for 10 pts. Part 1 What is the book value at the end of year 5? 0+ decimals Submit IB Attempt 1/10 for 10 pts. Part 2 What is the after-tax salvage value at the end of year 5? 0+ decimals Submit