Southwest Airlines just bought a new jet for $35,000,000. The jet falls into the 7-year MACRS category, with the following depreciation rates (half-year convention): 3 Year 1 Depr. rate 2 4 5 6 Part 1 What is the book value at the end of year 5? 7 8 14.29% 24.49 % 17.49 % 12.49% 8.93% 8.92% 8.93% 4.46% The jet can be sold for $28,000,000 after 5 years. The company has a marginal tax rate of 34%. 1B Attempt 3/10 for 10 pts. Part 2 What is the after-tax salvage value at the end of year 5? 0+ decimals BAttempt 2/10 for 10 pts. Submit