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NOT B or C Power Manufacturing has equipment that it purchased 5 years ago for $1,850,000. The equipment was used for a project that was

image text in transcribedNOT B or C

Power Manufacturing has equipment that it purchased 5 years ago for $1,850,000. The equipment was used for a project that was intended to last for 7 years. However, due to low demand, the project is being shut down. The equipment was depreciated using the straight-ine method and can be sold for $265,000 today. The company's tax rate is 34 percent. What is the aftertax salvage value of the equipment? O $354,614 O $175,386 O $309,807 $355,100 $265,00o

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