Spring Greens, Inc., is considering a new 3-year expansion project that requires an initial fixed asset investment of $771000. The fixed asset will be depreciated straight-line to 28000 over its 3 -year tax life, after which time it will have a market value of $93000. The project requires an initial investment in net working capital of $62000. The project is estimated to generate $171000 in annual sales, with costs of $80000. The tax rate is 0.27 and the required return on the project is 0.13 . What is the aftertax salvage value in year 3 ? $75,450.00 $92,654.98 $108,660.00 $183,996.54