Question: Attempts Keep the Highest / 1 3. Problem 12.03 (After-Tax Salvage Value) eBook Karsted Air Services is now in the final year of a project.

 Attempts Keep the Highest / 1 3. Problem 12.03 (After-Tax Salvage

Attempts Keep the Highest / 1 3. Problem 12.03 (After-Tax Salvage Value) eBook Karsted Air Services is now in the final year of a project. The equipment originally cost $26 million, of which 100% has been depreciated. Karsted can sell the used equipment today for $6 million, and its tax rate is 25%. What is the equipment's after-tax salvage value? Write out your answer completely. For example, 13 million should be entered as 13,000,000. Round your answer to the nearest dollar $

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