roblem 11-03 (Net Salvage Value) Save Subimt Assim Question of Incorrectly Check My Work eBook Net Salvage Value Allen Air Lines must liquidate some equipment that is being replaced. The equipment originally cost $20.8 million, of which 85% has been depreciated. The used equipment can be sold today for $5.2 million, and its tax rate is 25%. What is the equipment's after tax net salvage value? Enter your awwer in dollars. Por example, an answer of $1.2 million should be entered as 1,200,000. Round your answer to the nearest dolar. Chod str word