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5) What is the salvage cash flow for a piece of equipment given the following information. The equipnant had an intad book value of $226,000.
5)
What is the salvage cash flow for a piece of equipment given the following information. The equipnant had an intad book value of $226,000. The asset was set up to be depreciated straight-line for 8 years to a book valua of 0 the equipment can be sold today for $69,000. Depreclation has been taken for 4 years. The firm's tax rate is 29 a. 87483.20 b. 81760.00 c. 90753.60 d. 102200.00 e. 94841.60 1.98112.00 Step by Step Solution
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