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1. Consider an assets that costs $ 13494 and it is classified as three-year property under MACRS. Calculate the annual depreciation allowance on year 1.

1. Consider an assets that costs $ 13494 and it is classified as three-year property under MACRS.

Calculate the annual depreciation allowance on year 1.

2.

Continue with the previous question

Consider an assets that costs $ 13494 and it is classified as three-year property under MACRS. The asset is to be used in a three-year project; at the end of the project, the asset can be sold for $ 2738. If the relevant tax rate is 35 %, what is the aftertax cash flow from the sale of this asset?

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