Intro Southwest Airlines just bought a new jet for $39,000,000. The jet falls into the 7 year MACRS category, with the following depreciation rates (half-year convention): The jet can be sold for $31,200,000 after 5 years. The company has a marginal tax rate of 34%. Part 1 - E Attempt 1/5 for 10 pts. What is the book value at the end of year 5 ? Part 2 1. 1 Aftempt 1/5 for 10 pts. What is the after-tax salvage value at the end of year 5