Problem 11 Intro Southwest Airlines just bought a new jet for $27,000,000. The jet falls into the 7-year MACRS category, with the following depreciation rates (half-year convention): Year 1 2 3 6 7 8 14.29% 24.49% 17.49% 12.49% 8.93% 8.92% 8.93% 4.46% rate The jet can be sold for $21,600,000 after 5 years. The company has a marginal tax rate of 34%. Part 1 18 Attempt 2/10 for 10 pts. What is the book value at the end of year 5? 0+ decimals Submit IB Attempt 1/10 for 10 pts. Part 2 What is the after-tax salvage value at the end of year 5? 0+ decimals Submit