Southwest currently has two surplus Boing 737-300 jets which are not used for anything and are parked on a runway in Arizona. The jets were bought for $45 million each 11 years ago, Jets of the same model, age, and condition currently trade for $5 million in the used jet market. Both jets would require a refurbishment costing $1 million. The jets and the refurbishment fall in to the 7-year MACRS category. What is the after-tax salvage value of plan if tax rate is 35% ?