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Oz Corp. is now in the final year of a project. The equipment originally cost $9,322, and the asset has been 70% depreciated. Oz can
Oz Corp. is now in the final year of a project. The equipment originally cost $9,322, and the asset has been 70% depreciated. Oz can sell the used equipment today for $1,163, and its tax rate is 35%. The equipment's net after-tax salvage value is $_________. In other words, find the net after-tax cash flow effect of selling the equipment. Round to two decimal places.
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