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A new Zaxby's franchise requires $50,000.00 in new cooking equipment for the kitchen. The equipment will be straight-line depreciated over 10.00...

A new Zaxby's franchise requires $50,000.00 in new cooking equipment for the kitchen. The equipment will be straight-line depreciated over 10.00 years. At the end of the 10th year, the owner expects to salvage (sell) the equipment for $5,000.00 on the secondary market. The marginal tax rate for the owner is 35.00%.

What is the Net Salvage Value (NSV) when the cooking equipment is sold after 10 years?

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