How much could the machine be sold for today

Reference no: EM13263416

A financial analyst calculated that the after-tax salvage value for a machine was $10,200. The current book value of the asset is $12,000 and the firm's tax rate is 30%. How much could the machine be sold for today?

$6,953.07
$7,151.63
$9,428.57
$9,103.49

Reference no: EM13263416

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