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AN ASSET IS PURCHASED ATT = 0 FOR 100,000. THE SALVAGE VALUE WILL BE 20,000 ATT = 10. THE BEFORE TAX CASH FLOW INCOME RELATED

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AN ASSET IS PURCHASED ATT = 0 FOR 100,000. THE SALVAGE VALUE WILL BE 20,000 ATT = 10. THE BEFORE TAX CASH FLOW INCOME RELATED TO THIS ASSET IS 40,000 PER YEAR. ASSUMING STRAIGHT LINE DEPRECIATION WHAT IS THE TAXABLE INCOME RELATED TO THIS ASSET IN YEART = 2? O 56300 0 32000 041875 O 21650

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