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Power Manufacturing has equipment that it purchased 5 years ago for $2.050.000 The equipment was used for a project that was intended to last for

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Power Manufacturing has equipment that it purchased 5 years ago for $2.050.000 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 line method and can be sold for $300,000 today. The company's tax rate is 21 percent. What is the aftertax salvage value of the equipment

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