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Question 7 1 pts Oz Corp. is now in the final year of a project. The equipment originally cost $11,968, and the asset has been

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Question 7 1 pts Oz Corp. is now in the final year of a project. The equipment originally cost $11,968, and the asset has been 60% depreciated. Oz can sell the used equipment today for $1,570, and its tax rate is 35%. The equipment's after-tax net salvage value is $. Answer in dollars, rounded to two decimal places. Question 8 1 pts Licorne Inc. is considering a project which would involve the purchase of new manufacturing equipment at a cost of $10,171. The equipment would be depreciated on a straight-line basis to a book value of $1,000 over its 6- year useful life. The firm's marginal tax rate is 35%. The after-tax depreciation tax shield is $ Answer in dollars, rounded to two decimal places

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