#11

Phil's Diner, a sole proprietorship purchased some new equipment two years ago for $32,600. Today. it is selling this equipment for $22,000. What /s the aftertax cash flow from this sale if the tax rate is 21 percent? The applicable MACrS allowance percentages are as follows, commencing with Year 1 : 20.00,32.00,19.20,11.52,11.52, and 5.76 percent. Mulipie Choice 518.846 .67 525,1533 520.40870 52422320