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22 Southen inc, purchases an asset for $82.000. This asset qualifes as a 3-year recovery asset under MacRS with the foed depreciation percentages as follows:
22
Southen inc, purchases an asset for $82.000. This asset qualifes as a 3-year recovery asset under MacRS with the foed depreciation percentages as follows: year 1 a 33394 , yew 2 o 44.45% yeir 3=14.81$, and year 47.41$. Sovthem has a tax fale of 20%. If the asset is sold at the end of 2 years for $33,000, what is the cash flow trom disposal? ssicke 48044 Bis. 455 . Fr4.035 130,044 Step by Step Solution
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