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9. Cost recovery. Brock Florist Company sold their delivery truck in problem (see Problem 7) after three years of service. If MACRS was used

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9. Cost recovery. Brock Florist Company sold their delivery truck in problem (see Problem 7) after three years of service. If MACRS was used for the depreciation schedule (MACRS is $29,000 (0.20 + 0.32 + 0.192) = $20,648), what is the after- tax cash flow from the sale of the truck (continue to use 30% tax rate) if a. the sales price was $15,000? A b. the sales price was $10,000? $5,000? A C. the sales price was A

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