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A company would like to start manufacturing drones that would be delivering food to customers' backyards. It will be a 4-year project. The drones will

A company would like to start manufacturing drones that would be delivering food to customers' backyards. It will be a 4-year project. The drones will depreciate according to the 5-year MACRS class. See Table 10.7. The purchase price of the drones would be $4,750,000 , and the company plans to sell them for $1,375,000 at the end of the project. The company pays a 24 % tax rate on its corporate income. Calculate the after-tax salvage

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