Your company just purchased a bar-code system for $70,000. It has a five-year MACRS class life. The

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Your company just purchased a bar-code system for $70,000. It has a five-year MACRS class life. The expected market value of the bar-code system in 3 years is $32,000. What is the gain (or loss) when this asset is sold at end year 3?

(a) $11,840

(b) $5,120

(c)−$1,600

(d) $11,120

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Engineering Economy

ISBN: 978-0133439274

16th edition

Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

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Question Posted: Dec 04, 2018 08:11 AM

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Your company just purchased a bar-code system for $70,000. It has a five-year MACRS class life. The

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The book value at EOY 3 is 70000 70000 x 020...View the full answer

Engineering Economy

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