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37. Anthony, Ltd. purchases a duplicating machine for $15,000. This machine qualifies as a five-year recovery asset under MACRS. The company has a tax rate

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37. Anthony, Ltd. purchases a duplicating machine for $15,000. This machine qualifies as a five-year recovery asset under MACRS. The company has a tax rate of 33%. If the company sells the machine at the end of four years for $4,000, what is the cash flow from disposal? a. S3,535.56 b. S3,408.22 c. S2,592.00 d. $1,408.00

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