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An asset cost 4,000,000 and depreciates 10% year 1, 20% year 2 and 25% year 3 and will be sold for 60% of original price
An asset cost 4,000,000 and depreciates 10% year 1, 20% year 2 and 25% year 3 and will be sold for 60% of original price in year 3. Tax rate is 21%. Find the depreciation in each year, salvage value, and after tax salvage value
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