You must show your work to get points. 10. A project bought 10 years ago for $120,000 is 50 percent depreciated and can be sold today for $40,000. Find the net salvage value using a tax rate of 35 percent. Assume that the company has invested $12,000 in net working capital at the start of the project. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac).

You must show your work to get points. 10. A project bought 10 years ago for $120,000 is 50 petcent depreciated and can be sold today for $40,000. Find the net salvage value using a tax rate of 35 percent. Assume that the company has invested $12,000 in net working capital at the start if the project. For the tooltow, press ALT+FIO (PC) or ALT+FN+F10 (Muc)