Calculate the after tax salvage value for the equipment

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Reference no: EM131575480

Justice Co. own some equipment that was purchased 4 years ago at a cost of $225,000. The equipment is 5-year property for MACRS. The firm is considering selling the equipment today for $87,000, and the firm has a 35% tax rate. Calculate the after tax salvage value for the equipment. (Round to a whole number)

Reference no: EM131575480

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