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A bakery invests $35,000 in a light delivery truck. This was depreciated using the five-year MACRS schedule shown given a tax rate of 35%2


    

A bakery invests $35,000 in a light delivery truck. This was depreciated using the five-year MACRS schedule shown given a tax rate of 35%2 If the company sold it immediately after the end of year 2 for $23,000, what would be the after-tax cash flow from the sale of this asset, Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 MACRS 20.00% 32.00% 19.20% 11.52% 11.52% 5.76% Depreciation Rate

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