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10 pts An asset was purchased for $140,000 in year t-O. It is a 5-year asset and is expected to be sold for $20,000 at

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10 pts An asset was purchased for $140,000 in year t-O. It is a 5-year asset and is expected to be sold for $20,000 at the end of the 5-year project. The marginal tax rate is 32%. Using a straight-line depreciation schedule, what is at the end of year 5? Note: Express your answer in units of dolars (eg, type in 12345.67 for $12.345.67. D | Question 9 10 pts Accounts receivable are a part of sales; accounts payable are a part of COGS: are a part of COGS True False D Question 10 10 pts Per the flow of the Income Statement, we should deduct tax expenses and then interest order to obtain net income, which is often referred to as the "bottom line expenses from EBIT in True

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