Answer the following questions about Big Dog Florists (BDF):

Big Dog Florists (BDF) sold its delivery truck after three years (Prob. 1). Using a 30% tax rate, what is the after-tax salvage value for the truck if BDF sells the truck for $15,000?

a. $ 6,602.40

b. $10,500.00

c. $13,005.60

d. $ 1,994.40

e. $ 6,992.16

Big Dog Florists (BDF) sold its delivery truck after three years (Prob. 1). Using a 30% tax rate, what is the after-tax salvage value for the truck if BDF sells the truck for $10,000?

a. $9,505.60

b. $3,102.40

c. $7,000.00

d. $1,153.60

e. $ 494.40

Big Dog Florists (BDF) sold its delivery truck after three years (Prob. 1). Using a 30% tax rate, what is the after-tax salvage value for the truck if BDF sells the truck for $5,000?

a. $5,000.00

b. -$1,005.60

c. $3,994.40

d. $6,005.60

e. $3,500.00