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A manufacturing tool was purchased for $10,000. It is a 3 year property. According to MARCS depreciation, the 1st,2nd, and 3rd year depreciation are 33.33%,44.45%,
A manufacturing tool was purchased for $10,000. It is a 3 year property. According to MARCS depreciation, the 1st,2nd, and 3rd year depreciation are 33.33%,44.45%, and 14.81%. Marginal tax rate is 20%. What is the net salvage cash flow if the tool was sold at $2,000 at the end of 3rd year? $2500.3$3500.8$452.9$1748.2
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