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Karated Air Service is now in the final year of a project.The equipment originally cost $29 million, of which 75% has been depreciated.Karsted can sell
Karated Air Service is now in the final year of a project.The equipment originally cost $29 million, of which 75% has been depreciated.Karsted can sell the used equipment today for $8 million, and its tax rate is 35%.What is the equipment's after tax salvage value?
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