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 $2,000 for the old table. Marla’s is in the 35% tax bracket.
What is the after tax salvage value of the old table?