Q Search this co ant: Homework - Chapter 11 Apment Soo Problem 11-03 (Net Salvage Value Save Submit Assignment for Grading Check My Work eBook Net Salvage Value Allen Air Lines must liquidate some equipment that is being replaced. The equipment originally cost $10.4 million, of which 80% has been depreciated. The used equipment can be sold today for $5.2 million, and its tax rate is 25%. What is the equipment's after-tax net salvage value Enter your answer in dollars. For example, an answer of $1.2 million should be entered as 1,200,000. Round your answer to the nearest dollar. Check My Work Oy From 11-03 at S V