River City Pool Company recently purchased a truck for $40,000. The first years depreciation was $8,000. The

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River City Pool Company recently purchased a truck for $40,000. The first year’s depreciation was

$8,000. The truck driver’s salary in the first year of operation was $42,000.

Required: Show how each of the amounts mentioned above should be converted to an after-tax amount. The company’s tax rate is 35 percent.

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