Karsted Air Services is now in the final year of a project. The equipment originally cost $34 million, of which 100% has been depreciated. Karsted can sell the used equipment today for $10 million, and its tax rate is 25%. What is the equipment's after-tax salvage value? Write out your answer completely. For example, 13 million should be entered as 13,000,000. Round your answer to the nearest dollar. Marble Construction estimates that its WACC IS 9% if equity comes from retained earnings. However, if the company issues new stock to raise new equity, it estimates that its WACC will rise to 9.6%. The company believes that it will exhaust its retained earnings at $2,600,000 of capital due to the number of highly profitable projects available to the firm and its limited earnings. The company is considering the following seven investment projects: Project Size IRR $ 690,000 13.7% 1,050,000 13.6 1,050,000 10.1 1,200,000 9.2 480,000 9.3 690,000 8.7 750,000 10.4 Assume that each of these projects is independent and that each is just as risky as the firm's existing assets. Which set of projects should be accepted? Om OO Project A accept og Project B accept 9 Project C accept Project D don't accept Project E don't accept Project F don't accept Project G accept 9 What is the firm's optimal capital budget? Round your answer to the nearest dollar