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After-tax Salvage Value Year 5-year 1 23 20.00% 32.00% 19.20% 4 11.52% 5 11.52% 6 5.76% The Honey Bee Co. purchased some equipment three
After-tax Salvage Value Year 5-year 1 23 20.00% 32.00% 19.20% 4 11.52% 5 11.52% 6 5.76% The Honey Bee Co. purchased some equipment three years ago at a cost of $36,500. The equipment is 5-year property for MACRS. Today, the company sold that equipment for $18,900. What is the aftertax salvage value if the applicable tax rate is 34%?
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Contemporary Engineering Economics
Authors: Chan S. Park
5th edition
136118488, 978-8120342095, 8120342097, 978-0136118480
