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Power Manufacturing has equipment that it purchased 6 years ago for $ 2 , 3 0 0 , 0 0 0 . The equipment was

Power Manufacturing has equipment that it purchased 6 years ago for $2,300,000. The equipment was used for a project that was intended to last for 8 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 $350,000 today. The company's tax rate is 21 percent. What is the aftertax salvage value of the equipment?Multiple Choice$397.250$350,000$273,500

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