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The salvage value of a ten-year-old truck is $10000. If this truck is on the Balance Sheet of a transportation company as a Class 8

The salvage value of a ten-year-old truck is $10000. If this truck is on the Balance Sheet of a transportation company as a Class 8 asset with a CCA rate of 20%, what was the present worth if this salvage value at the time of the truck's purchase if the corporate tax rate is 35% and annual after-tax interest rate is 5%?

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