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An asset used in a three-year project falls in the five-year MACRS class for tax purposes. The asset has an acquisition cost of $872278 and

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An asset used in a three-year project falls in the five-year MACRS class for tax purposes. The asset has an acquisition cost of $872278 and will be sold for $117445 at the end of the project. If the tax rate is 40%, what is the aftertax salvage value of the asset? Select one: a. $50243.21 b. $130758.86 c. $251216.06 d. $90564.29 e. $170953.43

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