Question: Do part 2 Book value = Initial book value Accumulated depreciation =39,000,000(0.1429+0.2449+0.1749+0.1249+0.0893)39,000,000=8,700,900 The jet can be sold for $31,200,000 after 5 years. The company has

Do part 2

The jet can be sold for $31,200,000 after 5 years. The company

Book value = Initial book value Accumulated depreciation =39,000,000(0.1429+0.2449+0.1749+0.1249+0.0893)39,000,000=8,700,900 The jet can be sold for $31,200,000 after 5 years. The company has a marginal tax rate of 34%. Part 1 Attempt 1/5 for 10 pts. What is the book value at the end of year 5 ? Correct Book value = Initial book value Accumulated depreciation =39,000,000(0.1429+0.2449+0.1749+0.1249+0.0893)39,000,000=8,700,900 Part 2 1 Attempt 2/5 for 10 pts. What is the after-tax salvage value at the end of year 5

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