Power Manufacturing has equipment that it purchased 6 years ago for $2,100,000. The equipment was used for a project that was intended to last for 8 years. However, due to low demand, the project is being shut down. The equipment was depreciated using the straight-line method and can be sold for $310,000 today. The company's tax rate is 40 percent. What is the aftertax salvage value of the equipment? $224,000 $434,000 $310,000 $353,000 $396,000 Bi-Lo Traders is considering a project that will produce sales of $54,000 and have costs of $30,500. Taxes will be $5,300 and the depreciation expense will be $3,250. An initial cash outlay of $2,500 is required for net working capital. What is the project's operating cash flow?
a. $15,700
b. $18,200
c. $14,950
d. $21,450
e. $12.450
