Question: value: 10.00 points An asset used in a 4-year project falls in the 5-year MACRS class (MACRS Table) for tax purposes. The asset has an

value: 10.00 points An asset used in a 4-year project falls in the 5-year MACRS class (MACRS Table) for tax purposes. The asset has an acquisition cost of $10,980,000 and will be sold for $2,440,000 at the end of the project. Required: If the tax rate is 33 percent, what is the aftertax salvage value of the asset? O $2,260,924 $1,634,800 O $2619076 O $2.373.970 o $2,147,877 References eBook & Resources Multiple Choice Learning Objective: 10-01 How to determine the relevant cash flows for a proposed project

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