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A company purchased $100,000 of fixed assets two years ago. The company no longer needs these assets so it is going to sell them today

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A company purchased $100,000 of fixed assets two years ago. The company no longer needs these assets so it is going to sell them today for $50,000. The assets are classified as five-year property for MACRS. The MACRS rates are 2, .32, .192, .1152, .1152, .0576, for Years 1 to 6, respectively. What is the after tax salvage value if the tax rate is 23%? 50.000 48000 49540 50460

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