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an asset used in a four-year project falls in the five-year macrs class for tax purposes. The asset has an acquisition cost of 5,100,000 and
an asset used in a four-year project falls in the five-year macrs class for tax purposes. The asset has an acquisition cost of 5,100,000 and will be sold for 1,550,000 at the end of the project if the tax rate is 21% what is the after-tax salvage value of the asset? refer to table 10.7
Year Seven-Year 1 Property Class Three-Year Five-Year 33.33% 20.00% 44.45 32.00 14.81 19.20 11.52 14.29% 24.49 17.49 12.49 3 5 11.52 6 5.76 8.92 8.93 4.46
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