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a. the sales price was $35,000? b. the sales price was $27,178.80? c. the sales price was $19,000? Cost recovery. Richardses' Tree Farm, Inc. purchased

a.the sales price was

$35,000?

b.the sales price was

$27,178.80?

c.the sales price was

$19,000?

image text in transcribed

Cost recovery. Richardses' Tree Farm, Inc. purchased a new aerial tree trimmer for $87,000. It is classified in the property class category of a single-purpose agricultural and horticultural structure. Then the company sold the tree trimmer after four years of service. If a seven-year life and MACRS, was used for the depreciation schedule, what is the after-tax cash flow from the sale of the trimmer (use a 40% tax rate) if a. the sales price was $35,000? b. the sales price was $27,178.80? c. the sales price was $19,000? a. If the sales price is $35,000, what is the after-tax cash flow? $(Round to the nearest cent.)

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