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3. You buy an asset for $2 250 000 that will be depreciated straight-line to zero in five years. If you decide to sell the
3. You buy an asset for $2 250 000 that will be depreciated straight-line to zero in five years. If you decide to sell the asset at the end of year two for $920 000 what would be the salvage value after tax for your asset? Suppose that the tax rate is 35%. (8 Points) 51 070 500 $798 200 $1 102 885 $1 199 500
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