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Marla’s Massages and More bought a special massage table two years ago for $9,300. At the time, the accountants told Marla to depreciate the table using straight line depreciation over three years. Now there is a new and improved massage table out that Marla would like to buy, but she can get only $2,100 for the old table. Marla is in the 35% tax bracket. What is the after tax salvage value of the old table?

Financial Management, Finance

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