Company PrestoGro just sold an old piece of equipment for 61.58 million dollars . The equipment's book value is 90.56 millions of dollars. suppose that the company has a 40% marginal tax rate, what's the after-tax salvage value of the equipment, in millions of dollars?

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Q: what's the after-tax salvage value of the equipment, in millions of dollars?

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Q: _____ $

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A: Given:

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