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LucasArts Film Co. is selling off some old equipment it no longer needs because its associated project has come to an end. The equipment originally

LucasArts Film Co. is selling off some old equipment it no longer needs because its associated project has come to an end. The equipment originally cost $22,485, of which 75% has been depreciated. The firm can sell the used equipment today for $6,000, and its tax rate is 40%. What is the equipment's after-tax salvage value for use in a capital budgeting analysis?

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