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Business, 03.05.2021 15:20 Yek

2. Your company has to liquidate some equipment that is being replaced. The original cost of the equipment is $100,000. The firm has deprecated 65% of the original cost. The salvage value of the equipment today is $50,000. The firm has a tax rate of 30%. What is the equipment’s after-tax net salvage value? Please show your work.

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