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A furniture production company (asset class 24.4) has purchased a machine for $180,000. The annual revenue is $70,000 and the maintenance and operation expenses are

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A furniture production company (asset class 24.4) has purchased a machine for $180,000. The annual revenue is $70,000 and the maintenance and operation expenses are $20,000. The tax rate is 40%. Calculate the total taxable income of the first 3 years by using the GDS method. After which years can the machine be sold for an amount of $50,000 that you don't loose money? How much is the tax in year 4

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