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A bakery invests $30,000 in a light delivery truck. This was depreciated using the five-year MACRS schedule shown above. If the company sold it immediately
A bakery invests $30,000 in a light delivery truck. This was depreciated using the five-year MACRS schedule shown above. If the company sold it immediately after the end of year 2 for $21,000, what would be the after - tax cash flow from the sale of this asset, given a tax rate of 20% ? A. $8,640 B. $12,360 C. $2,472 D. $18,528
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