Question 17 1 pts You are considering investing in a project that increases annual costs by $35,000 per year over the project's 5 year life. The project has an initial cost of $500,000 and will be depreciated straight-line over 5 years. Assume a 34% tax bracket and a discount rate of 11%. Suppose the equipment is sold at the end of year 5 for $300,000, pretax. What is the after tax salvage value? $188,000 $204,000 $202,000 $198,000 $300,000