Net Salvage Value Allen Air Lines must liquidate some equipment that is being replaced. The...
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Net Salvage Value Allen Air Lines must liquidate some equipment that is being replaced. The equipment originally cost $16.2 million, of which 70% has been depreciated. The used equipment can be sold today for 45.4 million, and its tax rate is 35 What is the equipment's after-tax ret 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 dollat
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