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Queen Air Services is now in the final year of a project. The equipment originally cost $26 million, of which 85% has been depreciated. Queen

Queen Air Services is now in the final year of a project. The equipment originally cost $26 million, of which 85% has been depreciated. Queen can sell the used equipment today for $6.5 million, and its tax rate is 40%. What is the equipment's after-tax salvage value?

$

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