10. Cost recovery. Jake Richards sold the tree trimmer (see Problem 8) after four years of service. If MACRS was used for the depreciation schedule, what is the after-tax cash flow from the sale of the trimmer (continue to use a 40% tax rate) if a. the sales price was $35,000? b. the sales price was $28,428.40? c. the sales price was $21,000?

10. Cost recovery. Jake Richards sold the tree trimmer (see Problem 8 ) after four years of service. If MACRS was used for the depreciation schedule, what is the after-tax cash flow from the sale of the trimmer (continue to use a 40% tax rate) if a. the sales price was $35,000 ? b. the sales price was $28,428.40 ? c. the sales price was $21,000