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ABC,Inc purchased some new machinerythreeyears ago for$314864.Today,it is selling this machinery for$42389.What is the After-tax Salvage Value ofthenew machinery?Assumethat thetax rate is28%.The MACRS allowance percentages

ABC,Inc purchased some new machinerythreeyears ago for$314864.Today,it is selling this machinery for$42389.What is the After-tax Salvage Value ofthenew machinery?Assumethat thetax rate is28%.The MACRS allowance percentages are as follows,starting with Year1:20.00,32.00,19.20,11.52,11.52,and5.76percent.

I don't know how to calculate the savage and the depreciation rate

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